923 W Lee Rd - Manufactured Housing/Mobile Housing FOR SALE


Taylors, SC 29687
$1,950,000 USD
864-637-9302
923 W Lee Rd, Taylors, SC for Sale
$1,950,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/21
null | 7.79% Cap Rate

923 W Lee Rd
Taylors, SC 29687


HIGHLIGHTS

  • Multi Tenant Occupancy
  • Value Add Space
  • Premium location

OVERVIEW

Blackstream Commercial Real Estate is pleased to present a rare investment opportunity at 923 W. Lee Road in Greenville County. The asset features a duplex with attached garage and unfinished basement, offering significant pro forma income potential through renovation, expansion, or repositioning. Additionally, the property includes 8 on-site storage units, creating diversified income streams and enhancing long-term revenue stability. The housing component is currently operating at 91% occupancy, generating monthly income with substantial additional upside through existing ancillary improvements and operational optimization. Strategically positioned along W. Lee Road with immediate connectivity to Wade Hampton Boulevard (US-29) and Rutherford Road, the property benefits from excellent access to many of the Upstate’s primary transportation corridors and employment centers. This offering presents a uniquely stabilized asset with an attractive combination of existing cash flow, value-add upside, and long-term appreciation potential in one of South Carolina’s strongest-performing growth corridors as the surrounding area continues to experience strong residential and economic growth driven by expanding industrial investment, population migration, and continued demand for affordable housing throughout the Upstate region. Opportunities featuring stabilized income, ancillary revenue streams, and future upside within the Greenville-Taylors market remain increasingly limited. Reach out today to acquire this cash-flowing mobile home park asset in the highly desirable Taylors submarket of the Greenville MSA. MHP POH: 9 TOH: 1 -3x2 - 7 -2x2 - 2 -2x1 - 1 Duplex Occupied -1x1 -3x3 Vacant -900 sf Garage -Unfinished Basement Storage 8 units 1 occupied at $40/mo Nearby roadway access includes: ± 2 minutes to Wade Hampton Boulevard (US-29) ± 2 minutes to Rutherford Road (Principal Arterial) ± 8 minutes to SC-290 ± 12 minutes to I-85 / I-385 Convenient access to Brushy Creek Road, Edwards Road, and East North Street corridors Strong connectivity to Greer, Downtown Greenville, Travelers Rest, and Spartanburg markets The property is located approximately: ± 15 minutes to Downtown Greenville CBD ± 20 minutes to Greenville-Spartanburg International Airport (GSP) ± 25 minutes to Downtown Spartanburg ± 10 minutes to Greer’s industrial and manufacturing corridor ± 15 minutes to BMW supplier and logistics network access routes

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$833 USD /SF

# OF UNITS

22

PRICE/UNIT

$88,636

CAP RATE

7.79%

% LEASED

91%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

20 Unit MHP + Duplex + Storage; Value Add

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

130 - MHP

APN/PARCEL ID

P012.00-02-001.00

ASK ABOUT THIS PROPERTY

Matthew NocellaBlackstream CommercialMore Info
864-637-9302

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Matthew NocellaBlackstream CommercialMore Info
864-637-9302

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