For Sale

Wilcox Avenue MHP

141 Pauline Drive | Gaffney, SC 29341-2852, US

price$1,195,000
property typeCommercial Sale

highlights

20.7 acres +/-
Expandable (buyer to verify with county)
Brick home
18 mobile homes (one double-wide)
Great location along Interstate 85
~ 1.5 miles to I-85 exit and major retailers

property
details

STATUSActive
SALE PRICE PER UNIT$1,195,000
PROPERTY TYPECommercial Sale
BUILDING SIZE1 SF
LOT SIZE20.7 acres
CAP RATE3.97%
SALE PRICE$1,195,000
OCCUPANCY %94%
ZONINGUnzoned
DAYS ON MARKET151

property
description

Discover an exceptional investment opportunity in the thriving Spartanburg, SC area. This property, boasting 19 rentable units and a 94.74% occupancy rate, offers the ideal blend of modern comfort and prime location. Situated on 20.7 expansive acres along Interstate 85, the property features a mix of 18 mobile homes and a charming brick home, providing a versatile and expandable investment potential (buyer to verify with the county). With its unzoned status and a strong foundation for growth, this property presents a compelling prospect for the astute mobile home park investor or developer seeking a promising addition to their portfolio. The property offers both expansion and redevelopment possibilities.

location
description

141 Pauline Drive | Gaffney, SC 29341-2852, US

Wilcox Avenue MHP is located along I-85 in Gaffney, SC, just 13 miles south of the NC/SC state line. Nestled in the thriving Spartanburg, SC, market, the area surrounding the property offers a compelling blend of convenience and leisure. Located close to the vibrant downtown area, residents enjoy easy access to a wide array of dining, shopping, and entertainment options. Additionally, the property is near notable landmarks such as Cowpens National Battlefield, Gaffney Outlet Marketplace, and Lake Whelchel. Investors exploring the potential of the multifamily or mobile home park sector will appreciate the area's strong economic growth and the diverse array of attractions and amenities available to residents.

Robert (Bobby) Moss

Robert (Bobby) Moss

SC #106616
(864) 569-2786

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