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33154592

406 Sedona Drive, Anderson, SC 29626 For Sale

KE
SL3250325
Berkadia Commercial Mortgage Orlando
Listed by Berkadia Commercial Mortgage Orlando
Unpriced
52 days on market
Updated 52 days ago

406 Sedona Drive

Details
Property Type Multifamily, Mobile Home Park
Units 100
Cap Rate 5.18%
Occupancy 94%
Pro-Forma Cap Rate 5.43%
Acreage 75.850
Sale Condition N/A

The Cottages Of Anderson - Tiny Home Community in Anderson, SC | 100 Sites | 94% Occupancy

Marketing description

Berkadia Manufactured Housing is pleased to present The Cottages of Anderson, a newly constructed, stabilized tiny home community located in Anderson, South Carolina. Built in 2022, the property consists of 100 tiny home sites and is currently 94% occupied, demonstrating strong tenant demand and occupancy stability for this housing format in the market. The community benefits from public utilities billed back to residents, minimizing operating expense exposure and supporting predictable cash flow. Contemporary infrastructure, relatively limited deferred maintenance, and resident-paid utilities position the asset for durable long-term performance. A key value driver is the approximately 61 acres of contiguous undeveloped land included in the offering, which was recently rezoned for MH. The ability to add sites on a zoned adjacent land parcel creates significant upside beyond the in-place income, allowing an investor to capture both stabilized cash flow today and long-term value creation through development. This offering presents the opportunity to acquire a highly occupied tiny-home community with expansion potential.

Learn more about this opportunity here: https://properties.berkadia.com/cottages-of-anderson-475395/?src=src5

Investment highlights

Highlights:

    1. Stabilized 94% Occupancy
    2. Public Utilities Billed Back To Residents
    3. Newly Built In 2022
    4. Located Along I-85 Corridor
    5. 61 +/- Undeveloped Acres Zoned For MH

Listing Contacts

KE
SL3250325
Berkadia Commercial Mortgage Orlando
Listed by Berkadia Commercial Mortgage Orlando

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