Mount Lebanon Estates is a seven-home manufactured housing portfolio located in the growing Campobello market of Spartanburg County, South Carolina. This investment offers strong in-place income with additional upside potential through lease-up and property enhancements. Four homes are currently occupied by long-term tenants, generating $45,060 in annual rental income, with three vacant residences ready for renovation and new tenancy, projected to bring stabilized annual revenue to $80,000.
This portfolio benefits from consistent rental demand across Spartanburg County, supported by strong economic growth, proximity to Greenville-Spartanburg region, and advantageous access via major roadways. With multiple units already updated with new HVAC systems, roofing, and septic servicing, investors can focus on incremental improvements to maximize rents.
Ideal for cash buyers or 1031 exchange investors, this easy-to-manage group of parcels offers scalability, low South Carolina property taxes, and predictable cash flow within an expanding Upstate market.