5544 Dobson St - Manufactured Housing/Mobile Housing FOR SALE


North Charleston, SC 29406
$1,700,000 USD
910-986-1767
5544 Dobson St, North Charleston, SC for Sale
$1,700,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/2
null | 8.94% Cap Rate

5544 Dobson St
North Charleston, SC 29406


HIGHLIGHTS

  • 19 pad community with an additional single family residence and a diversified unit mix including 16 POHs and 3 TOHs
  • Located in the high-growth North Charleston submarket within the Charleston MSA
  • Strong in-place cash flow with value-add potential through rent optimization and expense management
  • Benefiting from proximity to major employers including Boeing and Mercedes-Benz Vans
  • Positioned near Park Circle and to capitalize on increasing demand for affordable housing in a supply constrained coastal market

OVERVIEW

Marcus & Millichap is pleased to present Dobson MHP, a 19 pad manufactured housing community with an additional single family residence located in North Charleston, one of the most dynamic and rapidly growing submarkets within the greater Charleston MSA. Situated on approximately 1.9 acres, the property features a well balanced mix of 16 park owned homes (POHs), 3 tenant owned homes (TOHs), and a single family residence, providing multiple income streams and operational flexibility for investors. The asset presents a compelling opportunity to acquire a stabilized community with in place cash flow while offering upside through operational efficiencies and potential rent growth. The North Charleston market continues to benefit from strong population growth, a diverse employment base, and ongoing economic investment throughout the region. Anchored by major employers such as Boeing, Mercedes-Benz Vans, and the Charleston International Airport, the area has experienced sustained demand for affordable housing options, positioning manufactured housing communities as an increasingly attractive asset class. Additionally, the property’s proximity to Park Circle, a rapidly revitalizing district known for its dining, retail, and community amenities, further enhances its appeal to residents. Continued infrastructure expansion and access to the Port of Charleston have supported job creation and long term economic stability. As housing affordability constraints persist across the broader Charleston region, communities like Dobson MHP are well positioned to capture renter demand seeking cost effective living alternatives.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$21 USD /SF

# OF UNITS

20

PRICE/UNIT

$85,000

CAP RATE

8.94%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dobson MHP

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

16

LAND DETAILS

LAND ACRES

1.9 AC

LAND SF

82,764 SF

ZONING

-

APN/PARCEL ID

473-13-00-127

ASK ABOUT THIS PROPERTY

Ryan LipomiMarcus & MillichapMore Info
910-986-1767

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Ryan LipomiMarcus & MillichapMore Info
910-986-1767

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