3237 Highway 92

Gray Court, SC 29645

$2,200,000
Price
—
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

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...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.
  1. Listed by Talia Gila • REAL GVL/REAL BROKER, LLC

Property Details for 3237 Highway 92

Subdivision
None
Geo Subdivision
SC
Parking Per Unit
Other/See Remarks
LISTING UPDATED: 12/08/2024 09:28 PM

Property Details for 3237 Highway 92

StatusActive
MLS #1543421
Days on Market10
Taxes$13,900 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Quad
Year Built2000
Lot Size26.00 AC / 1,132,560 SF
CountyLaurens County

Building Information for 3237 Highway 92

Stories1Residences24Year Built2000Building Size-Lot Size26.00 AC / 1,132,560 SF

Property Information for 3237 Highway 92

Summary
Location and General Information
  • Directions: 385S to Hwy 14, left on Hwy 101, slight right on Hwy 92
  • In City: N
Taxes and HOA
  • Tax ID Number: 3160000079
  • Tax Year: 2023
  • Total Taxes: $13,900.00
  • Tax Rate: 6%
  • HOA: N
School Information
  • Elementary School: Gray Court - Owings
  • Middle School: Gray Court-Owings
  • High School: Laurens Dist 55
Property
Lot Information
  • Approx # of Acres: 26.00
Property and Assessments
  • Class: Multi-Family
  • Type: Quad
  • Approx Age: 21-30
  • Approx Year Built: 2000
  • Auction: N
  • Documents On File: Other/See Remarks
  • Special Finances: None
  • Foundation: Crawl Space
Utilities
  • Water: Public, Well
  • Sewer: Septic
Interior and Exterior Features
Exterior Features
  • Roof: Composition Shingle
  • Total Stories: 1
  • Garbage Pickup: Private
  • Exterior Finish: Vinyl Siding
Interior Features
  • Heating System: Electric
  • Cooling System: Electric
  • Water Heater: Electric
Multi Family
Multi-Family Information
  • Total Units: 24
Unit 1
  • Unit 1 Features: Laminate Flooring, Vinyl Floor, Oven-Electric
Unit 2
  • Unit 2 Features: Refrigerator, Oven-Electric
Unit 3
  • Unit 3 Features: Oven-Electric
Unit 4
  • Unit 4 Features: Refrigerator, Carpet Floor, Vinyl Floor, Oven-Electric

Property History for 3237 Highway 92

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3237 Highway 92

Taxable ValueLand-Additions-Total-
Tax Record2023$266 ($22 / month)
Home Facts
Beds0Lot Size43,560 SqFtStyleSingle Family ResidenceCountyLAURENSAPN316-00-00-079

Schools near 3237 Highway 92

This home is within Laurens 55 School District.
Rating
School
Type
Grades
Distance
Ford Elementary School
Public - PK to 5
Gray Court-Owing Elementary/Middle
Public - PK to 8
Sanders Middle School
Public - 6 to 8
Laurens District 55 High School
Public - 9 to 12
Rating
School
Distance
Ford Elementary School
PublicPK to 5

Gray Court-Owing Elementary/Middle
PublicPK to 8

Sanders Middle School
Public6 to 8

Laurens District 55 High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Homes for Sale near 29645

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More information about 3237 Highway 92, Gray Court, SC 29645

3237 Highway 92 is a multi-family home for sale in Gray Court, SC 29645. This property was listed for sale on December 7, 2024 by REAL GVL/REAL BROKER, LLC, it's currently listed at $2,200,000. It has been on the market for a total of 10 days and was last sold on September 30, 2021. This listing's school district is Laurens 55 School District. Nearby schools include Ford Elementary School, Gray Court-Owing Elementary/Middle and Sanders Middle School. 3237 Highway 92 is a 0-bed, 0-bath, multi-family home built in 2000.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REAL GVL/REAL BROKER, LLC

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.