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 MORE REMARKS FOR PKG DEAL!!*** OVER $124,000 IN GROSS ANNUAL INCOME!!****
PKG DEAL!!! - HIGH CAP RATE of over 9.7 !! 3 PROPERTIES SOLD TOGETHER AS A ONE-TIME-OFFERING!! --- TOTAL ANNUAL GROSS INCOME IS OVER $124,000!!!!!! (Now that's a pay check!) ------------ 3 PROPERTY(S) CONSIST OF 16 RENTABLE UNITS - TOTALING 34 BEDROOMS & 7 EXTRA VACANT MOBILE HOME PADS READY TO ADD EXTRA RENTABLE UNITS (Could potentially have 23 units with over 55 Bedrooms) WOW!!!!! --- CURRENT NOI IS OVER $100,280 --- CAP RATE OVER 9.7 !! ****** SEE THE FOLLOWING MLS #'S FOR DETAILED INFORMATION ON ALL PROPERTIES INCLUDED IN THIS SALE -- MLS# 19002368, 19002377, 19002379
LISTED BY Atlantic Edge Real Estate, (843) 991-0476
