5730 Fallston Road
Property Description
Incredible opportunity here. 6 acres with 11 mobile homes on it. Current income is 78k annually. Currently five are rented with six other mobile homes needing work to be completed. One additional mobile home only pays a lot rent as they own the home. Tenants are month to month. Do not disturb tenants. You are welcome to drive through the park but do not stop at any homes or ask tenants any questions. There's only one entrance in and out of the park. Owner pays only taxes and trash. Tenanrs pay their own utilities. To request rent roll, please reach out to listing agent. This is an incredible opportunity to turn this into a cash flowing machine. Mobile homes could be removed and tiny homes placed. OR finish all the remaining mobile homes and cash flow on 11 mobile homes at $1200 a month. Let your imagination run wild here,THIS OPPORTUNITY IS IMMENSE!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $650,000 |
| No. of Units: | 10 |
| Year Built: | 2000 |
| Opportunity Zone: | No |
| Price per unit: | $65,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-CMLSNC-4436234
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
2010 S Ocean Blvd.
Myrtle Beach, South Carolina
818 Bay St.
Myrtle Beach, South CarolinaBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout