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32928725
32929349

923 West Lee Road, Taylors, SC 29687 For Sale

Blackstream International Real Estate
Listed by Blackstream International Real Estate
$1,950,000
52 days on market
Updated 31 days ago

20 Unit MHP + Duplex + Storage; Value Add Space

Details
Property Type Multifamily, Self Storage (+1)
Sub Type Student Housing, Single Family Rental Portfolio (+1)
Units 20
Cap Rate 7.80%
NOI $152,000
Occupancy 91%
Tenancy Multi
Class B
Acreage 1.300
Zoning 130 MHP
Investment Type Stabilized

923 W Lee Rd Taylors SC 29687

Marketing description

Blackstream Commercial Real Estate is pleased to present a rare investment opportunity at 923 W. Lee Road in Greenville County.

The affordable housing asset features 10 MHP Spaces, 9 POH, a duplex with attached garage and unfinished basement, and 8 on-site storage units offering significant pro forma income potential by creating diversified income streams to long-term revenue stability. The housing component is currently operating at 91% occupancy, generating consistent monthly income with substantial upside.

Strategically positioned along W. Lee Road with immediate access to Wade Hampton Boulevard (US-29) and Rutherford Road, the property benefits from excellent connectivity to many of the Upstate’s primary transportation corridors and employment centers.

Driven by expanding industrial investment, population migration, and continued demand for affordable housing throughout the Upstate region, this offering presents a uniquely stabilized investment 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.

Opportunities featuring stabilized income, ancillary revenue streams, and future upside within the Greenville-Taylors market remain increasingly limited.

Reach out today for more information on this cash-flowing mobile home park asset in the highly desirable Taylors submarket of the Greenville MSA.

Contact: Matthew Nocella

[email protected]

864-729-2972

Investment highlights

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

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

Opportunities featuring stabilized income, ancillary revenue streams, and future upside within the Greenville-Taylors market remain increasingly limited.

Reach out today for more information on this cash-flowing mobile home park asset in the highly desirable Taylors submarket of the Greenville MSA.

Contact: Matthew Nocella

[email protected]

864-729-2972

Listing Contacts

Blackstream International Real Estate
Listed by Blackstream International Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$152,000.00
$12,666.67/mo

Valuation Metrics

0
DSCR
7.79%
Cap Rate
7.79%
ROI

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