106 Cool Springs Drive dr - Multi-Family FOR SALE


Anderson, SC 29626
$795,000 USD
864-224-3503
106 Cool Springs Drive dr, Anderson, SC for Sale
$795,000 USD
Multi-Family - FOR SALE
1/9
null | Request Cap Rate

106 Cool Springs Drive dr
Anderson, SC 29626


HIGHLIGHTS

  • 16-Lot Mobile Home Park: Scalable asset with 15 homes already in place
  • Immediate Income Potential: Minimal additional capital required to begin generating revenue
  • Strong Workforce Housing Demand: Proximity to major employers (Michelin, First Quality)
  • Tenant-Friendly Location: Walkable to Varennes Elementary School
  • Value-Add Upside: Opportunity to increase rents and improve overall park performance
  • Flexible Investment Strategy: Suitable for long-term hold, repositioning, or gradual redevelopment

OVERVIEW

Property Description Cool Springs Mobile Home Park Portfolio — Anderson, SC — 16-lot mobile home park with 15 homes currently on site, offering immediate rental potential and strong in-place infrastructure. This asset presents a compelling opportunity for investors seeking stable cash flow with upside, as well as developers or home builders looking to incrementally improve values and raise comparable sales within the subdivision. With the majority of homes already in place, the property is positioned for rapid lease-up and income stabilization, minimizing initial setup costs and time to revenue. Location Description Directly adjacent to Varennes Elementary School ±2 miles from Michelin and First Quality Highly desirable location for workforce housing, with walkability to a local elementary school and close proximity to major employment centers supporting consistent tenant demand.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$723 USD /SF

# OF UNITS

16

PRICE/UNIT

$49,688

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cool Springs Park

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

125-25-02-016

ASK ABOUT THIS PROPERTY

Brittany CampbellMcCoy Wright, Inc.More Info
864-224-3503

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Brittany CampbellMcCoy Wright, Inc.More Info
864-224-3503

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.