3103 Meadowbrook Dr | Flornce | $785,000

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3103 Meadowbrook Dr Flornce, SC 29501 $785,000

11,000 SQ. FT.

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3103 Meadowbrook DrFlornce, SC 29501

For SALE ACTIVE

$785,000

EST. 1,976.03/MO CALCULATE

11,000 SQ. FT.

Property Description

High-performing 11-unit mobile home portfolio in Florence, SC offering strong and consistent cash flow with a 14.47% cap rate and $129,900 annual gross rental income. This investment includes a mix of stabilized units, with 3 detitled homes, low operating expenses, and excellent income potential. Properties are strategically located with several units on shared lots for efficient management. Additional upside opportunity with one unit (3030 Allison St) that can be relocated to nearby owned land, allowing for long-term value enhancement. With low property taxes ($5,521.46 annually) and modest insurance costs, this portfolio provides attractive returns for investors seeking immediate income and future growth. Ideal for investors looking to expand their rental portfolio in a high-demand affordable housing market. Contact listing agent for additional financials and details.

Property Details

MLS ID2601270
Property TypeMulti Unit - Multiple
Lot Size3.00 Acres
Property TypeMulti Family
Stories1.0
Units11
Year Built1998
acres3.00

Listed By / Shown By

Listed By

Agency Name: C/B McMillan and Assoc.

Pee Dee MLS

Shown By

Agency Title: Carolina One Real Estate
Agency Phone: (843) 203-5016

Pee Dee MLS

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