High-performing 11-unit mobile home portfolio in Florence, SC offering strong and consistent cash flow with a 14.47% cap rate and $129,900 annual gross rental income. This investment includes a mix of stabilized units, with 3 detitled homes, low operating expenses, and excellent income potential. Properties are strategically located with several units on shared lots for efficient management. Additional upside opportunity with one unit (3030 Allison St) that can be relocated to nearby owned land, allowing for long-term value enhancement. With low property taxes ($5,521.46 annually) and modest insurance costs, this portfolio provides attractive returns for investors seeking immediate income and future growth. Ideal for investors looking to expand their rental portfolio in a high-demand affordable housing market. Contact listing agent for additional financials and details.
Listed By
Agency Name: C/B McMillan and Assoc.
Pee Dee MLS
Shown By
Agency Title: Home Advantage Realty
Agency Phone: (843) 203-5016
Pee Dee MLS
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3103 Meadowbrook Dr, Florence, SC 29501.
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Estimated Payment
$ 1,976.03 per month $1,747.07 Principal & Interest $0.00 Property Tax (data not provided by mls) $228.96 Homeowner's Insurance
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