New Way Properties - Greenville, SC

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Commercial Site in Greer, SC

MLS# 1194061
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Address

  • 457 Sharon Church Road
    Greer, SC 2951

Overview

  • Offered At:
    $599,000
  • Class:
    Lots/Land
  • Location:
    Greer, SC

Description

Mobile home park in a beautiful rural setting. Owner is in the process of installing homes on 10 sites. Six homes are currently installed. All of them have rental agreements. Owner expects gross cash flow over $72,000 per year if all sites rented. Owner expects net operating income of $53,700. Price supports 9% cap rate at park maturity (10 units)

Agent

B. Russell Bryan (New Way Properties) - (864) 616-2611

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New Way Properties | 301 Augusta Street Unit 100 | Greenville, SC 29601 | (864) 422-9510
Toll Free: 1-800-810-8305
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