Property Description:

INVESTMENT HIGHLIGHTS

The McDaniel Team of Marcus & Millichap is pleased to present for the sale 5519 Woodbine Avenue Mobile Home Park, located in North Charleston, South Carolina. The Park is currently operated under a 5-year Triple Net Lease with Shield Ministries. The Park consists of 5 Park Owned Homes, a Duplex, and a two-story single-family home that can be converted into a duplex. The age of the Park Owned Homes ranges from 1967-1984 and has been renovated to add an additional bedroom. The property is situated just off Rivers Avenue with close proximity to I-26 and Charleston International Airport. This location is ideal with being next to a dense commercial corridor of North Charleston. This is a rapidly expanding market and has a limited supply of mobile home parks. New ownership has the opportunity to acquire a unique MHP under a Triple Net Lease and then renovate the park to maximize rents after the NNN Lease.

INVESTMENT OVERVIEW

NNN Lease with Mini mall Expenses & Management

Centrally Located Next to Both Interstate-26 and Interstate-526

High Barrier to Entry Market with a Competitively Priced Asset