101 Mattie Street new Save Request In-Person Tour Request Virtual Tour
Gaffney,SC 29341
$ 478000
- Bed
- Bath
- SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Rent
MLS Listing ID 1559464
Building Age Unknown
Annual Tax Amount $2,811
Lot Size 1.650 Acres
Property Sub-Type Multi Family
Property Description
This 12-lot mobile home park in Cherokee County offers a 100% tenant-owned home (TOH) portfolio with zero vacancies, providing immediate cash flow stability. Average revenue of $283 per unit leaves incredible upside for the savvy investor. Situated on approximately 2.5 acres, the park benefits from public water service and sewer systems, contributing to the this park's low maintenance profile. Occupancy and rent growth is supported by Gaffney's stable workforce tied to textile manufacturing and proximity to larger municipalities, Greenville and Charlotte. This is an incredible investment opportunity in one of the most exciting asset classes in multifamily real estate.
Location
State SC
County Cherokee
Area Other
Interior
Heating Electric
Cooling Electric
Flooring Other
Exterior
Roof Type Other
Building
Sewer Public Sewer
Water Public
Others
Acceptable Financing None
Listing Terms None