5464 Dutton Avenue, North Charleston, SC 29406

$725,000
Property Type: Commercial Sale Square Footage: 5,892 Status: Active Contingent
Current Price: $725,000 List Date: 12/04/2025 Last Modified: 2/12/2026

Overview

Description

Fully occupied and stabilized 9 unit mobile home park with 6 park owned units and 3 tenant owned units. Significant opportunity to push ground rents to increase NOI. Currently offered at a 10.44% cap rate. Current owner completed significant renovations to park owned units in '23 and '24. Proforma cap rate between 11-12% with only modest increases to monthly ground rent. This investment opportunity offers great returns with relatively hands off management.

Listing Details MLS# 31007493

Location

Street Number
5464
Street Name
Dutton
Street Suffix
Avenue
County
Charleston
Nearest MSA
Charleston-North Charleston, SC
Submarket/Township
32 - N.Charleston, Summerville, Ladson, Outside I-526
State or Province
SC
Postal Code
29406
Parcel Number
473-13-00-036
Opportunity Zone
No

General Information

Property Sub Type
Multi Family
Listing Name
Dutton Estates
Number of Units Total
9
Building Area Total
5892
Zoning
City of North Charleston - R-1 - Single Family Residential
List Price/SqFt
123.05
For Comp Purposes Only
No
Opt In to Crexi?
Yes

Contract Information

Listing Contract Date
2025-11-26
Original List Price
725000

Building Related

Percent Occupied
100
General Condition
Average
Year Renovated
2024

Land Related

In Flood Plain?
No

Status Change Info

Status Change Date
2026-02-12
Under Contract Date
2026-02-11
Contingent
Active Contingent
Contingency Reason
Due Diligence

More Information

Auction Details

Auction
No

Directions & Remarks

Public Remarks
Fully occupied and stabilized 9 unit mobile home park with 6 park owned units and 3 tenant owned units. Significant opportunity to push ground rents to increase NOI. Currently offered at a 10.44% cap rate. Current owner completed significant renovations to park owned units in '23 and '24. Proforma cap rate between 11-12% with only modest increases to monthly ground rent. This investment opportunity offers great returns with relatively hands off management.

Property Sub Type

Multi Family
Yes

Current Use

Mobile Home Park
Yes

Structure Type

Manufactured House
Yes

Heating

Forced Air
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Property Features

Property Sub Type: Multi Family Current Use: Mobile Home Park Structure Type: Manufactured House Heating: Forced Air Water Source: Public Sewer: Public Sewer

Documents

Listing Office: EXP Realty LLC
Last Updated: February - 12 - 2026
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