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$769,000
Est. payment /mo
12 Baths
13,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 13,000 sqft
Price per Sqft $59
MLS Listing ID 20252770
Year Built 1973
Annual Tax Amount $2,521
Property Sub-Type Commercial
Property Description
Mobile Home Portfolio for Sale - 11 Units in Florence, SC This mobile home portfolio includes 11 mobile homes, with 3 of them being detitled. The properties offer steady rental income and a cap rate of 14.47%, making it an attractive investment opportunity for rental property investors. Property Details: Asking Price: $825,000 - Annual Rent: $128,856 - Annual Insurance: $4,700 - Total Property Taxes: $2,521.46 Property Breakdown: 2805 Redwood Dr Rent: $775 Taxes: $495.11 2802 Redwood Dr Rent: $1,000 shared lot with 2808 Redwood Dr Rent: $1,000 Taxes: $139.46 2804 Redwood Dr Rent: $875 shared lot with 2806 Redwood Dr Rent: $1,000 Taxes: $159.38 2916 Palmetto Heights Rent: $1,000 Taxes: $139.46 2902 Palmetto Heights Rent: $775 Taxes: $139.46 3103 Meadowbrook Dr Rent: $1,000 shared lot with 3043 Sunny Point Dr Rent: $950 Taxes: $548.33 3034 Meadowbrook Dr Rent: $875 Taxes: $900.26 3030 Allison St Rent: $1,300 (current) This unit needs to be moved but has land available near the others (11 miles away). Moving it will require adding a septic tank and running county water to the location. This portfolio offers excellent rental income potential, with the added benefit of land available for relocating one unit. The total annual rent, combined with the low property taxes and insurance, presents an attractive investment opportunity with a strong cap rate. Call for more information or schedule a showing today!
Location
State SC
County Darlington
Area Darlington
Interior
Fireplace No
Building
Lot Description Other
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Listed by: exp Realty Greyfeather Group • Thomas Langan
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