New Listing
Description
34-Home Investment Portfolio | Cherokee County, South Carolina Exceptional investment opportunity featuring 34 manufactured homes situated on individually deeded lots in Gaffney, South Carolina. The portfolio currently consists of 14 occupied homes and 20 vacant homes, each with titles and individual lots. This unique portfolio presents an opportunity for investors seeking to expand their rental holdings, increase cash flow, or capitalize on a value-add investment strategy. The occupied homes provide an established rental income stream, while the vacant properties offer opportunities for renovations, improvements, and additional rental income as they are brought back into service. With each home situated on its own individually deeded parcel, the properties also provide flexibility for future investment strategies, including the potential for individual property sales. The portfolio includes properties in varying conditions, with some requiring substantial renovations and repairs. Investors have the opportunity to evaluate each property and implement improvements based on their individual investment objectives. The combination of existing tenants, multiple parcels, and renovation potential makes this an attractive opportunity for experienced investors and those looking to grow their real estate portfolios. The seller prefers to sell all 34 properties together as one portfolio but will consider offers on smaller groups of properties. This flexibility provides opportunities for investors with different acquisition goals and budgets. Contact the listing agent for additional information, property details, rent roll, and available investment documentation. Properties are being offered in their current condition. Buyers are encouraged to perform their own due diligence regarding property conditions and potential improvements.
Details
| MLS # | 343563 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1995 |
| Days On Site | 2 |
| Listing Provided By | REMAX Solutions | Davis Dickson |
Features
| Story(s) | 1 |
|---|---|
| Acreage | 21.00 |
Interior
| Cooling | Heat Pump |
|---|---|
| Heating | Heat Pump |
Exterior
| Roof | Architectural, Composition, Metal |
|---|---|
| Construction Materials | Vinyl Siding |
| Foundation Details | Crawl Space |
Taxes
| Property | 2000 |
|---|
Area Information
| State | SC |
|---|---|
| County | Cherokee, SC |
| City | Gaffney |
| Zip Code | 29341 |
| Area | Gaffney |
| School District | 11-Gaffney High |
| Elementary School | 11-Grassy Pond Elem |
| High School | 11-Gaffney High |
| Listing VS Median (in 29341) | |
Price: $2,900,000 low | high Med: $309,500 On site: 2 low | high Med: 105.5 | |
Market Activity 29341
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Learn More About This Property
| State | SC |
|---|---|
| County | Cherokee, SC |
| City | Gaffney |
| Zip Code | 29341 |
| Area | Gaffney |
| School District | 11-Gaffney High |
| Elementary School | 11-Grassy Pond Elem |
| High School | 11-Gaffney High |
| Listing VS Median (in 29341) | |
Price: $2,900,000 low | high Med: $309,500 On site: 2 low | high Med: 105.5 | |
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