5464 Dutton

North Charleston SC 29406

 

5464 Dutton

About

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.

Specifications

  • Address:5464 Dutton
  • City, Zip:North Charleston SC 29406
  • MLS #:25031364
  • Status:Active
  • Price:$725,000
  • Area:North Charleston/Summerville Outside I-526
  • Kind:Multi-Family
  • Subdivision:None
  • Sq Ft:0
  • Year Built:0
  • Beds:8

 

 

Carolina Life Real Estate & Auctions

Listed by: EXP Realty LLC
(888) 440-2798

 

 

 

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