Gaffney, SC 29341
- 2Beds
- 1Full Baths
- 1Half Baths
- N/ASqFt
- N/AYear Built
- 1.65Acres
- MLS# 1559706
- Residential
- Mobile Home
- Active
- Approx Time on Market2 months, 18 days
- AreaOther
- CountyCherokee
- Subdivision None
Overview
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. Lot rents average $300 for TOHs, while POHs generate $998 combined rents, contributing to a $3,900 monthly income. Expenses are projected at 25%, yielding a $35,100 NOI. Libertys population of 3,269 residents supports demand, and is centrally located between Easley and Clemson, SC. Situated on approximately 2.5 acres, the park benefits from public water service and sewer systems, contributing to the this parks low maintenance profile. Occupancy and rent growth is supported by Gaffneys 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.
Agriculture / Farm
Horse: No
Amenities / Special Info
Community Features: None
Association Fees / Info
Hoa: No
Hoa Includes: None
Bathroom Info
Main Level Bathrooms: 1
Total Baths: 2
Main Level Bedrooms: 2
Fullbaths: 1
Halfbaths: 1
Bedroom Info
Beds: 2
Building Info
Levels: One
Foundation Details: Other
Construction Materials: Other
New Construction: No
Cooling: No
Property Condition: Unknown
Roof: Other
Exterior Features
Exterior Features: Other
Spa: No
Pool Private: No
Garage / Parking
Garage: No
Carport: No
Open Parking: Yes
Parking Features: See Remarks, Other
Attached Garage: No
Handicap
Interior Features
Flooring: Other
Fireplace: No
Fireplace Features: None
Laundry Features: None
Lot Info
Acres: 1.65
Lot Area: 1.65
Lot Features: 1 - 2 Acres
Lot Size: 200 x 282 x 200 x 282
Lot Size Units: Acres
Misc
Other
Property Info
Senior Community: No
Basement: None
County: Cherokee
Style: Mobile-No Foundation
Topography: Level
Sqft Info
Living Area Units: Square Feet
Unit Info
Utilities / Hvac
Water Source: Public
Appliances: None
Cooling: None
Sewer: Public Sewer
Heating: None
Heating: No
Waterfront / Water
Waterfront: No
View: No
Courtesy of Joseph Fuduric of WATERSHED GVL, LLC