For Sale
$1,200,000

1531 Sumner AveNorth Charleston, SC 29406

9-Unit Income Property, 1.15 Acres

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 9-unit mobile home park situated on a 1.15-acre lot in the thriving North Charleston, South Carolina market. Conveniently located near Rivers Avenue, Rhett Avenue, and I-26, this property offers easy access to major transportation arteries. The park is projected to generate approximately $8,925 in gross monthly income starting in early 2023. All existing mobile homes are included in the sale, conveyed in "as-is, where-is" condition. It's important to note that the seller does not hold title to all the mobile homes on the property. This presents a unique opportunity for an investor to acquire a well-located, income-producing asset with potential for future growth and development. The property's address is 1531 Sumner Ave, North Charleston, SC 29406, within Charleston County. The land itself is zoned for residential use. This is a cash-flowing investment ready for a new owner to take over and potentially increase profitability. Serious inquiries only.

Highlights

  • 9-unit mobile home park on a 1.15-acre lot in North Charleston, SC.
  • Excellent location near Rivers Ave, Rhett Ave, and I-26.
  • Projected gross monthly income of $8,925 starting early 2023.
  • All existing mobile homes included in "as-is, where-is" sale; seller doesn't hold title to all homes.
  • Zoned residential; 1531 Sumner Ave, North Charleston, SC 29406.

Property Details for 1531 Sumner Ave

Property type
Land

Location Insight

City
North Charleston
County
Charleston
State
South Carolina
Latitude
32.897162301318
Longitude
-80.002013325248
1531 Sumner Ave, North Charleston, South Carolina

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1531 Sumner Ave
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