Address
640 Nisbet Street Ladies Island, SC
Price
$ 849,900
Property Attributes
  • 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

Property vs Zip Code Average in 29907

Price
AVG $850K
$850K
Taxes
AVG $760
$760
Visits
AVG 26
25
Year Built
AVG 1972
1972

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