SC
Charleston
North Charleston
29406
5464 Dutton Avenue
5464 Dutton Avenue, North Charleston, SC 29406
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Listing Type
Single Family
Listing Status
Active
4
$725,000

Home Details for 5464 Dutton Avenue

Price
$725,000
Type
Residential Income
Bedrooms
8
Bathrooms
4.0
Square feet
NaN
Lot size acres
0.65
County
Charleston
Garage
Days on site
10
MLS Listing#
25031364
Property 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 Features
  • Cooling Information
    • None
  • Heating Information
    • None
School Information
School Information for 5464 Dutton Avenue, North Charleston, SC 29406
Elementary School
Matilda Dunston
Middle School
Morningside
High School
North Charleston
Listing Courtesy: EXP Realty LLC
Presented by: Jason Smith - 703-624-2838
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EXIT REALTY LOWCOUNTRY GROUP
3294 Ashley Phosphate Road Suite 1-E, North Charleston, SC 29418
Office
843 619 3005
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