923 West Lee Road
Taylors, SC 29687
Property Type
INVEST/MHP
Sale Type
SALE
For Sale
Investment
MHP
For Sale
$1,950,000
20 Unit MHP + Duplex + Storage; Value Add Space |
The affordable housing asset features 10 MHP Spaces, 9 POH, a duplex with attached garage and unfinished basement, and 8 on-site storage units offering significant pro forma income potential by creating diversified income streams to long-term revenue stability. The housing… Read Morecomponent is currently operating at 91% occupancy, generating consistent monthly income with substantial upside.Strategically positioned along W. Lee Road with immediate access to Wade Hampton Boulevard (US-29) and Rutherford Road, the property benefits from excellent connectivity to many of the Upstate’s primary transportation corridors and employment centers.Driven by expanding industrial investment, population migration, and continued demand for affordable housing throughout the Upstate region, this offering presents a uniquely stabilized investment with an attractive combination of existing cash flow, value-add upside, and long-term appreciation potential in one of South Carolina’s strongest-performing growth corridors.Opportunities featuring stabilized income, ancillary revenue streams, and future upside within the Greenville-Taylors market remain increasingly limited.Reach out today for more information on this cash-flowing mobile home park asset in the highly desirable Taylors submarket of the Greenville MSA.Read Less
Features
Property Type
INVEST/MHP
Sale Type
SALE
Lot Size
1.30 ACRES
Zoning
130 MHP
NOI
$152,000
Units
20
Tenancy
Multi
Investment Type
Stabalized
Cap Rate
7.80%
Occupancy
91%
Class
B
Investment Highlights
Nearby roadway access includes:
- ± 2 minutes to Wade Hampton Boulevard (US-29)
- ± 2 minutes to Rutherford Road (Principal Arterial)
- ± 8 minutes to SC-290
- ± 12 minutes to I-85 / I-385
- Convenient access to Brushy Creek Road, Edwards Road, and East North Street corridors
- Strong connectivity to Greer, Downtown Greenville, Travelers Rest, and Spartanburg markets
The property is located approximately:
- ± 15 minutes to Downtown Greenville CBD
- ± 20 minutes to Greenville-Spartanburg International Airport (GSP)
- ± 25 minutes to Downtown Spartanburg
- ± 10 minutes to Greer’s industrial and manufacturing corridor
- ± 15 minutes to BMW supplier and logistics network access routes
Opportunities featuring stabilized income, ancillary revenue streams, and future upside within the Greenville-Taylors market remain increasingly limited.
MHP:
POH: 9
TOH: 1
- 3x2 - 7
- 2x2 - 2
- 2x1 - 1
Duplex
Occupied
- 1x1
- 3x3
Vacant
- 900 SQFT Garage
- Unfinished Basement
Storage
- 8 units, 1 Occupied
additional listing information
Matthew Nocella
Commercial Advisor
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