5460 Assembly Street is a $450,000, 5,600 square foot, 12 bedroom, 8.0 bath home on a 1.47 acre lot located in North Charleston, SC.
ATTENTION INVESTORS!!!! HIGH CAP RATE PROPERTY(S) OPPORTUNITY!!! THIS PROPERTY HAS FIVE(5) FULLY RENTED UNITS (5 MOBILE HOMES) AND UP TO FIVE(5) ADDITIONAL VACANT PADS! ON A QUAINT DEAD-END STREET (SMALL MOBILE HOME PARK!). ---*****LOT BACKS UP TO TIDAL CREEK! (Filbin Creek)---- ***NOI IS CURRENTLY $41,040!! - ***CAP RATE IS CURRENTLY OVER 9%! (CURRENT NORTH CHARLESTON CAP RATE IS 7.1%) ----------- RENTS ARE AS FOLLOWS: **UNIT 1 - $1200, **UNIT 2 - $975, **UNIT 3 - $850, **UNIT 4 - $750, *UNIT 5 - $575 --- Seller can produce all rent rolls and expenses, rents are easy to collect per seller. ***SEE MORE REMARKS FOR PKG DEAL!!*** OVER $124,000 IN GROSS ANNUAL INCOME!!**** PKG DEAL!!! - HIGH CAP RATE of over 9.7%!! 3 PROPERTIES SOLD TOGETHER AS A ONE-TIME-OFFERING!! --- TOTAL ANNUAL GROSS INCOME IS OVER $124,000!!!!!! (Now that's a pay check!) ------------ 3 PROPERTY(S) CONSIST OF 16 RENTABLE UNITS - TOTALING 34 BEDROOMS & 7 EXTRA VACANT MOBILE HOME PADS READY TO ADD EXTRA RENTABLE UNITS (Could potentially have 23 units with over 55 Bedrooms) WOW!!!!! --- CURRENT NOI IS OVER $100,280 --- CAP RATE OVER 9.7%!! ****** SEE THE FOLLOWING MLS #'S FOR DETAILED INFORMATION ON ALL PROPERTIES INCLUDED IN THIS SALE -- MLS# 19002368, 19002377, 19002379
Based on information from the Charleston Trident® Multiple Listing Service, last updated 04/23/2019 at 03:56pm MDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.