1402 Burrell Rd - Manufactured Housing/Mobile Housing FOR SALE


Clover, SC 29710
$569,000 USD
855-935-7368
1402 Burrell Rd, Clover, SC for Sale
$569,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/8
null | 7.7% Cap Rate

1402 Burrell Rd
Clover, SC 29710


HIGHLIGHTS

  • Amazing location in a great school district

OVERVIEW

Stabilized 4-Home Rental Portfolio | 3.32 Acres | Clover, SC | $43,500 NOI Fully occupied, recently renovated 4-home rental portfolio generating $48,780 in gross annual rent with verified NOI of approximately $43,500. Located on 3.32 private acres at 1402-1408 Burrell Road, Clover, SC 29710 — 35 minutes from Charlotte in the rapidly growing York County market. The portfolio consists of one doublewide and three single-wide homes, all renovated and occupied by long-term tenants. Each home is on its own septic system, keeping operating expenses clean and separated by unit. Shared well pump is the only common-area operating expense. Gross Rent: $4,065/month | $48,780/year Annual Operating Expenses: ~$5,278 NOI: ~$43,500 Cap Rate at $569,000: 7.65% Unit Mix: 1402 Burrell Rd — Doublewide | $1,175/mo 1404 Burrell Rd — Single wide | $950/mo 1406 Burrell Rd — Single wide | $865/mo 1408 Burrell Rd — Single wide | $1,075/mo The property operates as a legally established, non-conforming use under current zoning — no additional homes can be added to the surrounding area under existing regulations, creating a durable supply constraint that supports long-term rent stability. This is a turnkey, day-one cash flowing asset with no vacancy, no deferred maintenance, and no management contracts. Well suited for a 1031 exchange buyer or portfolio investor seeking stable yield in a Charlotte-adjacent growth market. Offered at $569,000

FOR SALE DETAILS

PRICE

$569,000 USD

PRICE/SF

$198 USD /SF

# OF UNITS

4

PRICE/UNIT

$142,250

CAP RATE

7.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Turnkey Income Portfolio | 4 Renovated Homes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

PARKING SPACES

10

LAND DETAILS

LAND ACRES

3.32 AC

LAND SF

144,619 SF

ZONING

RC-11

APN/PARCEL ID

3620000119,3620000121

ASK ABOUT THIS PROPERTY

Michael AniseFG CommunitiesMore Info
855-935-7368

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Michael AniseFG CommunitiesMore Info
855-935-7368

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.