Description
This 12-lot mobile home park in Cherokee County offers a 100% tenant-owned home (TOH) portfolio with zero vacancies, providing immediate cash flow stability. Lot rents average $300 for TOHs, while POHs generate $998 combined rents, contributing to a $3,900 monthly income. Expenses are projected at 25%, yielding a $35,100 NOI. Libertys population of 3,269 residents supports demand, and is centrally located between Easley and Clemson, SC. Situated on approximately 2.5 acres, the park benefits from public water service and sewer systems, contributing to the this parks low maintenance profile. Occupancy and rent growth is supported by Gaffneys stable workforce tied to textile manufacturing and proximity to larger municipalities, Greenville and Charlotte. This is an incredible investment opportunity in one of the most exciting asset classes in multifamily real estate.
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0BEDS
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1.65ACRES
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0BATHS
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01/2 BATHS
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12,000SQFT
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$40$/SQFT
School Ratings & Info
Description
This 12-lot mobile home park in Cherokee County offers a 100% tenant-owned home (TOH) portfolio with zero vacancies, providing immediate cash flow stability. Lot rents average $300 for TOHs, while POHs generate $998 combined rents, contributing to a $3,900 monthly income. Expenses are projected at 25%, yielding a $35,100 NOI. Libertys population of 3,269 residents supports demand, and is centrally located between Easley and Clemson, SC. Situated on approximately 2.5 acres, the park benefits from public water service and sewer systems, contributing to the this parks low maintenance profile. Occupancy and rent growth is supported by Gaffneys stable workforce tied to textile manufacturing and proximity to larger municipalities, Greenville and Charlotte. This is an incredible investment opportunity in one of the most exciting asset classes in multifamily real estate.
© 2025 Greater Greenville Association of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Laurie Hughes and Pam Borghesani | Bluefield Realty Group. Data last updated 2025-06-25T00:01:59.383.