3120 Plainview Road

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3120 Plainview Road

Anderson, SC 29626
Asking Price
$500K
Asset Type
Multifamily
Class
Class B

What's Special

<ul><li>​<span style="color: rgba(33, 37, 41, 1)">Grandfathered Zoning: Approved for up to 8 mobile homes</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">Turnkey Potential: Seller to include up to 8 homes at closing</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">High Yield Asset Class: Mobile home parks historically offer strong cash-on-cash returns</span></li><li>​<span style="color: rgba(33, 37, 41, 1)">Workforce Housing Demand: Proximity to Michelin and First Quality suppor

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NOI
$80,000
Cap Rate
16.00%
DSCR
2.69
Strong
Cash-on-Cash
33.54%
Monthly Payment
$2,473.727
Annual Cash Flow
$50,315.274

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