Property Listing No Longer Available for Sale

3621 Mary Ann Point Rd, Johns Island, SC

Multi-family for Sale - $5,995,000 - 53,412 Sq. Ft. on 10 acres


Property Info

CIMLS#1163735
Location
  3621 Mary Ann Point Rd
  Johns Island SC 29455
UpdatedAugust 9th, 2024
TypeMulti-family
Price$5,995,000
Building53,412 Sq. Ft.
Land10 acres

Property Description

Exceptional opportunity to own a well-maintained 10.84-acre mobile home park on Johns Island, just off Main Rd. This property, zoned MHP (Charleston County), includes 34 lots and 29 mobile homes, which allows for increased density and significant growth opportunities. Current rents are below market rates, offering the new owner an immediate path to improved cash flow. Strategically located just 25 minutes from both the nearest beach access and Downtown Charleston, this property ensures a steady flow of tenants. Each of the homes included in the sale have central A/C, are individually metered for water, and operate on septic. The area is known for its charming southern lifestyle, rich history, and vibrant community. Additionally, the property is not located within a FEMA flood zone, providing the new owner with added peace of mind. This is a rare investment opportunity in a thriving area with substantial upside potential.


Financials