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Sold for $2,050,000
  • $2,050,000

    3237 Highway 92, Gray Court, SC 29645

    --beds
    --baths
    25,400sqft
    Quadruplex, Multi Family
    Built in 2000
    -- sqft lot
    $-- Zestimate®
    $81/sqft
    $1,080 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,080/mo

    Zestimate® history
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    $1,080/mo

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    $1,080/mo

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    $12,105/mo

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    $12,105/mo

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    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: March 13, 2025 at 04:56pm

    Listed by:

    Talia Gila 706-312-4687,

    REAL GVL/REAL BROKER, LLC

    Bought with:

    W. Ashley Lewis

    Prime Realty, LLC

    Source: Greater Greenville AOR,MLS#: 1543421MLS Logo

    Facts & features

    Interior

    Heating
    • Electric
    Cooling
    • Electric
    Appliances
    • Included: Electric Water Heater
    Interior area
    • Total structure area: 25,400
    • Total interior livable area: 25,400 sqft

    Property

    Parking
    • Parking features: Other
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 26 Acres
    Details
    • Parcel number: 3160000079

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Crawl Space
    • Roof: Composition
    Condition
    • Year built: 2000

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public, Well

    Community & neighborhood

    Community
    • Community features: None
    Location
    • Region: Gray Court
    • Subdivision: None

    Other

    Other facts
    • Listing terms: None

    Price history

    DateEventPrice
    3/13/2025Sold$2,050,000-6.8%$81/sqft
    Source: Greater Greenville AOR #1543421 Report a problem
    3/3/2025Pending sale$2,200,000$87/sqft
    Source: Greater Greenville AOR #1543421 Report a problem
    2/23/2025Listing removed$1,100
    Source: Zillow Rentals Report a problem
    1/29/2025Listed for rent$1,100
    Source: Zillow Rentals Report a problem
    12/8/2024Listed for sale$2,200,000$87/sqft
    Source: Greater Greenville AOR #1543421 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$307 +15.5%$890
    2023$266 -8.9%$890
    2022$292 +15.2%$890 +14.1%

    Find assessor info on the county website

    Neighborhood: 29645

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gray Court - Owings
    • Middle: Gray Court-Owings
    • High: Laurens Dist 55

    Source: Greater Greenville AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.