Do Real Estate on the Go!
- Overview
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Do Real Estate on the Go!
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Street View
$725,000
8 Beds
- -- Bath
--sqft
5464 Dutton Ave, North Charleston, SC 29406
$725,000
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Multi Family
Built in -
$-- HOA
0.65 acre lot
--/sqft
Description
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.
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
0.65 acre lot
Basement Area
- sqft
MLS Name
CHS Regional MLS
MLS Number
25031364
MLS Status
Active
Days on Market
9
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