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3237 Highway 92

Gray Court, SC 29645

– beds
– baths
– sqft
~26 acre lot
2000 build
– on site

We are pleased to present an exceptional investment opportunity in Gray Court, South Carolina, comprising 24 mobile homes over 25 lots with no restrictions. This portfolio offers a rare chance to acquire both the land and the homes, (21 single-wide and 3 double-wide homes), providing an investor with the benefits of property ownership and long-term revenue potential. With minimal vacancy rates and a strong, stable rental income stream, supported by a professional management company that has expertly maintained the property for over a decade. this portfolio is an ideal addition to any real estate investment strategy. Situated in the rapidly growing Upstate region of South Carolina, Gray Court offers an attractive environment for renters due to its proximity to larger cities, affordable living costs, and a burgeoning local economy. Gray Court is part of Laurens County, which has seen steady population growth in recent years, driven by its affordable housing market and proximity to Greenville-Spartanburg—one of the fastest-growing metro areas in South Carolina. The property is located just off major highways, offering convenient access to I-385 and I-26, making it an ideal choice for commuters working in nearby cities like Greenville (approximately 30 miles north) and Spartanburg (40 miles northeast). Gray Court benefits from its proximity to the region’s manufacturing and logistics hubs, with industries such as automotive manufacturing, distribution, and healthcare contributing to local job growth. The expanding industrial base supports a steady demand for affordable housing options in the area. This 24-unit mobile home portfolio offers an unparalleled investment opportunity in an emerging market with strong demand for affordable housing. With steady cash flow, minimal vacancy, and the ability to own both the land and homes, this portfolio is positioned for strong long-term returns.

Listing courtesy of GGAR / Talia Gila / REAL GVL/REAL BROKER, LLC

Last checked: Checking… • Last updated Dec 14, 2024 •

MLS# 1543421 —

The Building

Year Built:

2000
Levels:

One
Stories:

1
Roof:

Composition
Foundation Details:

Crawl Space
Construction Materials:

Vinyl Siding

Interior

Flooring:

Unit 1: Laminate Flooring,Vinyl Floor,Oven-Electric, Unit 4: Refrigerator,Carpet Floor,Vinyl Floor,Oven-Electric

Room Dimensions

Living Area Units:

Square Feet

The Property

Parcel Number:

3160000079
Property Type:

Residential Income
Property Subtype:

Quadruplex
Lot Size Acres:

26
Lot Size Area:

26
Lot Size SqFt:

1132560
Lot Size Units:

Acres
Horse:

false
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

13900

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Electric
Cooling:

true

Utilities

Water Source:

Public, Well
Sewer:

Septic Tank

Appliances

Appliances:

Unit 1: Oven-Electric, Unit 2: Refrigerator,Oven-Electric, Unit 3: Oven-Electric, Unit 4: Refrigerator,Oven-Electric, Electric Water Heater

Schools

Elementary School:

Gray Court - Owings
Middle Or Junior School:

Gray Court-Owings
High School:

Laurens Dist 55

The Community

Subdivision:

SC
Subdivision Name:

None
Community Features:

None
Association:

false
Number Of Units Total:

24

Parking

Parking Features:

Other

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
12/7/24 Dec 7, 2024	Listed / Active	GGAR	$2,200,000

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This multifamily located in SC 29645 is currently for sale for $2,200,000. 3237 Highway 92 is a – square foot multifamily with – beds and – baths that has been on Estately for 14 days. This multifamily is in the attendance area of Laurens District High School, Gray Court Owings Elementary Middle School, Sanders Middle School, and Ford Elementary School.

Listing Courtesy of: GGAR and REAL GVL/REAL BROKER, LLC.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GGAR MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. GGAR MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.