Listing Details

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Fully occupied and stabilized 9 unit mobile home park with 6 park owned units and 3 tenant owned units. Significant opportunity to push ground rents to increase NOI. Currently offered at a 10.44% cap rate. Current owner completed significant renovations to park owned units in '23 and '24. Proforma cap rate between 11-12% with only modest increases to monthly ground rent. This investment opportunity offers great returns with relatively hands off management.

Info

Address5464 Dutton
City, ZIPNorth Charleston, SC 29406
AreaNorth Charleston/Summerville Outside I-526
MLS #25031364
StatusActive
Price$725,000
KindMulti-Family
Acres0.65 Acres
Beds:8
Year Built:0
SubdivisionNone
Sq Ft0
Acres0.65

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