306 Sundial Lane, Ladson SC 29456
313 Sundial Ln, Ladson, SC 29456, USA
313 Sundial Ln, Ladson, SC 29456, USA
$1,850,000
Request info
Basics
- MLS ID: 25009546
- Date added: Added 7 months ago
- Category: Residential Income
- Status: Active
- Area, sq ft: 19060 sq ft
- Lot size, acres: 2 acres
- Year built: 1988
- Subdivision Name: Sundial Park
- County Or Parish: Berkeley
- MLS Area Major: 74 - Summerville, Ladson, Berkeley Cty
Description
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Description:
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.
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Location
Building Details
- Number Of Units Total: 20
- Entry Location: Ground Level
Amenities & Features
- Water Source: Public
- Sewer: Public Sewer
Ask an Agent About This Home
This style property is located in Ladson is currently Residential Income and has been listed on Find Your Charleston. This property is listed at $1,850,000. It has bedrooms, bathrooms, and is in Berkeley County. The property was built in the year 1988.
