5464 Dutton Avenue, North Charleston, SC 29406
$725,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
28,314
Status:
Active
Current Price:
$725,000
List Date:
11/27/2025
Last Modified:
11/27/2025
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.
More Information MLS# 25031364
Location, Tax & Legal
Legal Description: LTS 7 AND 8, Lots 9 & 20, Lt 19
Tax Map #: 4731300036
Street #: 5464
Street Name: Dutton
Street Suffix: Avenue
County: Charleston
State: SC
Zip Code: 29406
Area: 32 - N.Charleston, Summerville, Ladson, Outside I-526
Tax District: 43 - City of North Charleston
Subdivision: None
Elementary School: Matilda Dunston
Middle School: Morningside
High School: North Charleston
General Property Info
# Stories: 1
Occupancy: Leased
Potential Short Sale: No
Other Structures Y/N: No
Number of Units: 9
Acreage: 0.65
Income, Expenses & Fees
Gross Income: 101400
Office/Member Info
Seller Concessions Negotiable Y/N: Yes
SqFt Source
Builder/Owner: 1
Unit 1
SqFt: 500
Bedrooms: 2
Baths: 1
Unit 2
SqFt: 500
Bedrooms: 2
Baths: 1
Unit 3
SqFt: 720
Bedrooms: 2
Unit 4
SqFt: 728
Bedrooms: 2
Baths: 2
Architectural Style
Mobile Home: 1
New Owned/Pre-owned
Pre-Owned: 1
Contract Info
MLS List Date: 2025-11-26
Status: Active
List Price: $725,000
Current Price: $725,000
Income Expenses Fees
Annual Expenses: 28395
Net Income: 75715
Property Features
SqFt Source: Builder/Owner
Architectural Style: Mobile Home
Listing Office:
EXP Realty LLC
Last Updated: November - 27 - 2025
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