Turnkey Income Portfolio | 4 Renovated Homes 1402 Burrell Rd 4 Unit Mobile Home Park $569,000 ($142,250/Unit) 7.70% Cap Rate Clover, SC 29710

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