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Property profile & analytics
OFF-MARKET
Estimated value
$12,175,000
Mobile home & RV parks
Cherise Ct Florence, SC 29506
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US77-1972608
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1997
Lot
43.82 ac (1,908,799 SF)
APN
00178-01-034
UPID
US77-1972608
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
$12.18M
Owner & transaction history
East Coast Housing INC · 1 yrs held
East Coast Housing INC
since 2025
Last sale
$12.8M
7 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 Florence submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Florence 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
Method
Estimation
Statistic approach
$10,925,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.18M
Range $10.96M – $13.39M · ±10% · vs last sale $12.80M (May 1 2025)
Last sale anchor
$12.80M
May 1 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
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
$25,228
Tax year 2023
Assessed value
$49,446
Assessed 2023
Previous assessed
$49,445,200
-99.9% YoY
Effective rate
51.02%
On assessed value
Assessed land
$16,652
Assessed improvement
$32,794
Land market value
$416,290
Improvement market value
$819,840
Total market value
$1,236,130
Applied tax rate
140.0000
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
1997
Heating
NONE
Lot
43.82 ac (1,908,799 SF)
APN
00178-01-034
UPID
US77-1972608
Jurisdiction
FLORENCE
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
1997
Heating
NONE
Lot
43.82 ac
Current owner
From public records · entity-resolved
East Coast Housing INC
Entity
Mailing address
38505 WOODWARD AVE STE #275, BLOOMFIELD HILLS, MI 48304-5093
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2025
$12,800,000
East Coast Housing INC
Np Blue Granite LLC
Deed
$5,800,000 · First Bank
Jul 18, 2024
$55,000
Palmetto Corp Of Conway
Np Blue Granite LLC
Warranty Deed
—
Oct 3, 2019
—
Np Blue Granite LLC
Blue Granite Associates LP
Quit Claim Deed
related
$3,737,500 · Level One Bk
Oct 3, 2019
$1,900,000
Np Blue Granite LLC
Blue Granite Associates LP
Grant Deed
related
—
Oct 17, 2017
—
Blue Granite Associates LP
—
Deed
related
$1,057,500 · Milestone Bk
May 20, 2009
$1,310,000
Blue Granite Associates
Florence Mobile Homes Trust
Grant Deed
$1,008,000 · Milestone Bank
Nov 2, 2005
—
Florence Mobile Home Pk Trust
—
Trustees Deed
related
$172,325 · Lawyers Defense Fund Trust
Jun 3, 2005
$650,000
Florence Mobile Hm Park Trust
Cmh Parks INC
Grant Deed
—
—
—
Florence Mobile Home Pk Trust
—
Deed Of Trust
related
$300,000 · R J Robinson
—
—
Blue Granite Associates LP
—
Deed Of Trust
related
$1,057,500 · Milestone Bk
—
—
Blue Granite Associates LP
—
Deed Of Trust
related
$500,000 · Milestone Bank
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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