5 POH, 100% Occupied in Greenville Co. 29605 30 Dempsey St 5 Unit Mobile Home Park $682,747 CAD ($136,549 CAD/Unit) 8.91% Cap Rate Greenville, SC 29605
INVESTMENT HIGHLIGHTS
- MHP Zoning inside Greenville County MSA (I 85 Corridor)
- Newly Renovated Homes, Fully Occupied with Untapped Rental Value
- Proximity to Major Thoroughfares (Hwy 20, Hwy 29, I 85, I 26)
EXECUTIVE SUMMARY
List Price: $479,000.00
5 units - Newly Renovated
Zoned r-10; County Land Use 130 (Mobile Home Park)
29605 West Greenville/Gantt Submarket
Occupancy Rate: 100%
Rental Type: Park-Owned Homes
Utility Type: Public Water, Sewer, Electric (Direct Meter)
Cap Rate: 9%
Monthly Gross Operating Income (GOI): $4,935.00
Annual Net Operating Income (NOI): $42,680.00
Greenville County is one of the fastest-growing markets in the Southeast, driven by a strong job market and high demand for rental housing. The population has grown 20% in the last decade, thanks to major employers like BMW, Michelin, and GE, along with expanding healthcare, logistics, and tech industries. As home prices rise, affordable rentals remain in high demand, making mobile home parks a stable and profitable investment.
This property offers high returns with low property taxes, strong occupancy, and steady rental income. Mobile home parks have low turnover and minimal maintenance costs, ensuring solid net operating income. With 100% occupancy, investors gain immediate cash flow with no lease-up risks, making this a turnkey opportunity.
As MHP-zoned land becomes scarce, mobile home parks continue to increase in value. With strong cap rates and cash-on-cash returns, this is a prime addition to any real estate portfolio. Opportunities like this move fast—contact us today to secure this investment.
5 units - Newly Renovated
Zoned r-10; County Land Use 130 (Mobile Home Park)
29605 West Greenville/Gantt Submarket
Occupancy Rate: 100%
Rental Type: Park-Owned Homes
Utility Type: Public Water, Sewer, Electric (Direct Meter)
Cap Rate: 9%
Monthly Gross Operating Income (GOI): $4,935.00
Annual Net Operating Income (NOI): $42,680.00
Greenville County is one of the fastest-growing markets in the Southeast, driven by a strong job market and high demand for rental housing. The population has grown 20% in the last decade, thanks to major employers like BMW, Michelin, and GE, along with expanding healthcare, logistics, and tech industries. As home prices rise, affordable rentals remain in high demand, making mobile home parks a stable and profitable investment.
This property offers high returns with low property taxes, strong occupancy, and steady rental income. Mobile home parks have low turnover and minimal maintenance costs, ensuring solid net operating income. With 100% occupancy, investors gain immediate cash flow with no lease-up risks, making this a turnkey opportunity.
As MHP-zoned land becomes scarce, mobile home parks continue to increase in value. With strong cap rates and cash-on-cash returns, this is a prime addition to any real estate portfolio. Opportunities like this move fast—contact us today to secure this investment.
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 5 | $1,497 CAD | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 0102.00-02-059.04 | Improvements Assessment | $1,147 CAD |
| Land Assessment | $8,600 CAD | Total Assessment | $9,746 CAD |
ZONING
| Zoning Code | R-10 / 130 (Scarce Grenville County Zoning for MHP (130)) |
