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5464 Dutton Avenue, North Charleston, SC 29406

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For Sale

$725,000

8 beds

Estimated Payment

$      /mo. †

APR for 30 years

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

  • Newly Listed
    Time on Century 21

Explore this Property

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.
MLS# 25031364

Courtesy Of eXp Realty Charleston

(888) 440-2798

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.65 Acres

Map and Directions

Directions to 5464 Dutton Avenue, North Charleston, SC 29406

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.