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- MLS#1144141
- TypeMulti-Family
- CountyBEAUFORT
- CityLadies Island
- AreaOff Island
- Zip29907
- Style
- Year Built1972
- Taxes760
- Price$ 849,900
- Bedrooms7
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage21600
- Lot Size2.93 Acres
Listing Provided Courtesy Of:
Francis J Rizzo with Cornerstone Realty
Data Source:
Staten Island MLS (SIBOR)
Property Description
If you are looking for a stabilized cash flow investment, look no further. Mimosa Homes, 31 unit Manufactured Housing Community featuring 25 occupied units, direct tenant bill utilities, in a solid college and military town. With a 2020 net operating income of over $72K, Mimosa is priced at an attractive 8.5% cap and has room to grow from there. Management team can stay on if need be or is the perfect investment for those who wish to self manage. Detailed financials available upon request.
Price History | |
---|---|
3/3/2021 | Listed $849,900 |
General Features
Basement Type | None |
---|---|
Property Type | B |
Sewer | City |
Stories | 1.0 |
Type | Other |
Zoning | - |
Interior Features
Heating System | Forced Air |
---|
Exterior Features
Latitude | 33.824761 |
---|---|
Longitude | -85.779761 |
Condition | Fair |
Garage Capacity | 0.00 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool