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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
1531 Sumner Ave Charleston, SC 29406
Entity Owned
4-yr Hold
Free & Clear
Property ID
US77-0527361
Property summary
AI-generated overview
This exceptional investment opportunity presents a 9-unit mobile home park situated on a 1.15-acre lot in the thriving North Charleston, South Carolina market. Conveniently located near Rivers Avenue, Rhett Avenue, and I-26, this property offers easy access to major transportation arteries. The park is projected to generate approximately $8,925 in gross monthly income starting in early 2023. All existing mobile homes are included in the sale, conveyed in "as-is, where-is" condition. It's important to note that the seller does not hold title to all the mobile homes on the property. This presents a unique opportunity for an investor to acquire a well-located, income-producing asset with potential for future growth and development. The property's address is 1531 Sumner Ave, North Charleston, SC 29406, within Charleston County. The land itself is zoned for residential use. This is a cash-flowing investment ready for a new owner to take over and potentially increase profitability. Serious inquiries only.
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1970
Lot
1.15 ac (50,094 SF)
APN
471-01-00-021
UPID
US77-0527361
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Keep Moving Forward LLC · 4 yrs held
Keep Moving Forward LLC
since 2022
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Charleston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charleston submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,842
Tax year 2023
Assessed value
$16,200
Assessed 2023
Previous assessed
$16,200
+0.0% YoY
Effective rate
29.89%
On assessed value
Land market value
$250,000
Improvement market value
$20,000
Total market value
$270,000
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1970
Heating
NONE
Cooling
CENTRAL
Lot
1.15 ac (50,094 SF)
APN
471-01-00-021
UPID
US77-0527361
Jurisdiction
CHARLESTON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1970
Heating
NONE
Cooling
Yes
Lot
1.15 ac
Current owner
From public records · entity-resolved
Keep Moving Forward LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 80938, CHARLESTON, SC 29416-0938
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2022
—
Keep Moving Forward LLC
Belinda Roberts
Deed
—
Mar 10, 2021
—
Belinda Roberts
Melvin H Roberts
Intrafamily Transfer
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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