1283 Sumner Avenue

ATTENTION INVESTORS!!!! HIGH CAP RATE PROPERTY(S) OPPORTUNITY!!! THIS PROPERTY HAS NINE (9) FULLY RENTABLE UNITS (5 MOBIL HOMES, 2 DUPLEX, 2 SINGLE FAMS) AND TWO(2) ADDITIONAL VACANT PADS FOR ADDING MORE UNITS!!! ON A QUIANT DEAD-END STREET CORNER (RES- MOBILE HOME PARK!). ------- ***NOI IS CURRENTLY $51,740!! - ***CAP RATE IS CURRENTLY OVER 9%! (CURRENT NORTH CHARLESTON CAP RATE IS 7.1%) ----------- RENTS ARE AS FOLLOWS: **UNIT 1 - $1100, **UNIT 2 - $700, **UNIT 3 - $700, **UNIT 4 - $650, *UNIT 5 - $650, *UNIT 6 - $495, *UNIT 7 - $450, *UNIT 8 - $450, *UNIT 9 - $450 (Once repairs made, currently vac) ----- Square ft. and age of all units are est. ***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