5460 Assembly Street, North Charleston, SC 29406

$250,000
730
SqFt
List Price
$250,000

Property Description

ATTENTION INVESTORS!!!! HIGH CAP RATE PROPERTY(S) OPPORTUNITY!!! THIS PROPERTY HAS FIVE(5) FULLY RENTED UNITS (5 MOBILE HOMES) AND UP TO FIVE(5) ADDITIONAL VACANT PADS! ON A QUAINT DEAD-END STREET (SMALL MOBILE HOME PARK!). ---*****LOT BACKS UP TO TIDAL CREEK! (Filbin Creek)---- ***NOI IS CURRENTLY $41,040!! - ***CAP RATE IS CURRENTLY OVER 9%! (CURRENT NORTH CHARLESTON CAP RATE IS 7.1%) ----------- RENTS ARE AS FOLLOWS: **UNIT 1 - $1200, **UNIT 2 - $975, **UNIT 3 - $850, **UNIT 4 - $750, *UNIT 5 - $575 --- Seller can produce all rent rolls and expenses, rents are easy to collect per seller. ***SEE MLS# 19022699 FOR PKG DEAL!!*** OVER $124,000 IN GROSS ANNUAL INCOME!!****

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Listing courtesy of Atlantic Edge Real Estate.