Description
We are pleased to present an exceptional investment opportunity in gray court, south carolina, comprising 24 mobile homes over 25 lots with no restrictions. this portfolio offers a rare chance to acquire both the land and the homes, (21 single-wide and 3 double-wide homes), providing an investor with the benefits of property ownership and long-term revenue potential. with minimal vacancy rates and a strong, stable rental income stream, supported by a professional management company that has expertly maintained the property for over a decade. this portfolio is an ideal addition to any real estate investment strategy. situated in the rapidly growing upstate region of south carolina, gray court offers an attractive environment for renters due to its proximity to larger cities, affordable living costs, and a burgeoning local economy. gray court is part of laurens county, which has seen steady population growth in recent years, driven by its affordable housing market and proximity to greenville-spartanburg—one of the fastest-growing metro areas in south carolina. the property is located just off major highways, offering convenient access to i-385 and i-26, making it an ideal choice for commuters working in nearby cities like greenville (approximately 30 miles north) and spartanburg (40 miles northeast). gray court benefits from its proximity to the region’s manufacturing and logistics hubs, with industries such as automotive manufacturing, distribution, and healthcare contributing to local job growth. the expanding industrial base supports a steady demand for affordable housing options in the area. this 24-unit mobile home portfolio offers an unparalleled investment opportunity in an emerging market with strong demand for affordable housing. with steady cash flow, minimal vacancy, and the ability to own both the land and homes, this portfolio is positioned for strong long-term returns.
Property Type
QuadCounty
LaurensStyle
QuadAD ID
47956430
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Property Details
-
Exterior Features
Building Information
- Built Year: 2000
- Built: 2000
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Property / Lot Details
Lot Information
- Approx # of Acres: 26
Property Information
- Subdivision: None
- Type: Quad
- Class: Multi-Family
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Listing Information
Listing Price Information
- Original List Price: $2,200,000
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Taxes / Assessments
Tax Information
- Tax ID Number: 3160000079
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School, Utilities & Location Details
School Information
- Elementary School: Gray Court - Owings
- Junior High School: Gray Court-Owings
- Senior High School: Laurens Dist 55
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Information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers my be interested in purchasing, the data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may at is discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.
BuyOwner last updated this listing 12/21/2024 @ 21:15
- MLS: 1543421
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Greenville South Carolina SC
is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 1,132,560 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Gray Court , in zip code 29645, this Laurens County Other and are nearby neighborhoods.