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Gaffney,SC 29341
Key Details
Property Type Mobile Home
Sub Type Mobile Home
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5400-5599
Square Footage 5,400 sqft
Price per Sqft $88
MLS Listing ID 1559706
Style Mobile-No Foundation
Building Age Unknown
Annual Tax Amount $2,811
Lot Size 1.650 Acres
Property Sub-Type Mobile Home
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 None
Cooling None
Flooring Other
Fireplaces Type None
Laundry None
Exterior
Exterior Feature Other
Parking Features See Remarks,Other
Community Features None
Roof Type Other
Building
Lot Description 1 - 2 Acres
Story 1
Foundation Other
Sewer Public Sewer
Water Public
Schools
Elementary Schools Luther Vaughn
Middle Schools Gaffney
High Schools Gaffney