5519 Woodbine Ave, North Charleston, SC 29406

Multiple Family

Property Status: Pending |  For Sale: $545,000.00


Property Photos


5519 WOODBINE AVENUE MOBILE HOME PARK 5 PADS, 1 DUPLEX, 1 TWO-STORY SINGLE-FAMILY HOME NORTH CHARLESTON, SOUTH CAROLINA


Property Status:
This Property is currently...
  • Status: Pending
  • For Sale: $545,000.00
Property Details:
Multiple Family
Property Style:
Mobile Home
Basement:
No Basement
Owner / Agent:
Real Estate Agent
Property Features:
No Property Features Listed.
Contact Info
Marcus and Millichap
(910) 301-2505

View on Individual's Website
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



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North Carolina Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

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