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306 Sundial Lane, Ladson, SC 29456

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For Sale
Sale Pending

$1,850,000

19,060 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $97.06
    Price per square foot

  • 31-40 Years Old
    Age

Explore this Property

Sundial Park is a 20 unit Mobile Home Park in Ladson with a tremendous value add opportunity. The current owners have recently renovated several of the units, increased rents and established a solid blueprint to complete renovations throughout the park. The park currently sits at 100% occupied with a unit mix of 14 2BR units and 6 3BR units. Strong property management in place. With an NOI of $125,261, this project is offered at a 6.2% cap rate. It is estimated that the remaining units could be renovated with an additional cap ex of $150,000 which would bring the cap rate closer to 9% at stabilization.
MLS# 25009546

Courtesy Of eXp Realty Charleston

(888) 440-2798

Property Features

  • Age
    31-40 Years Old
  • Architecture Style
    Other
  • Lot Size
    2 Acres

Map and Directions

Directions to 306 Sundial Lane, Ladson, SC 29456
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