$1,900,000
bedrooms
0
bathrooms
0
square feet
0
Acreage
2.0
Open Houses
-
year built
1988
Full Baths
0
Half Baths
0
Sundial Park is a 20 unit Mobile Home Park in Ladson with a tremendous value add opportunity. The current owners have recently renovated several of the units, increased rents and established a solid blueprint to complete renovations throughout the park. The park currently sits at 100% occupied with a unit mix of 14 2BR units and 6 3BR units. Strong property management in place. With an NOI of $125,261, this project is offered at a 6.2% cap rate. It is estimated that the remaining units could be renovated with an additional cap ex of $150,000 which would bring the cap rate closer to 9% at stabilization.
Location | |
Subdivision | Sundial Park |
County | Berkeley |
Elementary School | Sangaree |
Middle School | Sangaree Intermediate |
High School | Cane Bay High School |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 25009546
Listing agent:
Jason Smith
Listing broker:
Exp Realty Charleston
(888) 440-2798
Copyright © 2025 CHS Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Saturday, April 12 2025 at 2:39 p.m. EDT
Kotohomes National