Belk Court

104 Belk Ct Greer, SC 29651

Greer
FOR SALE
Property Type:
Mobile home
Amount:
$339,000
Last Verified:
Jul 16, 2024

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Description

Closest Major Intersection: E Wade Hampton Blvd & Arlington Road (.5 Miles)
5 Rentals: +/-$32,340 ANNUAL GOI
4 Park Owned Homes; 1 Vacant Lot
All Public Utilities; Paved/Gravel Road
UNINCORPORATED; Land Use: Non-Qualified Regular Residential Vacant (6RGP)


SVN BlackStream is thrilled to present to market 104 Belk Court in Greer, SC, a unique investment opportunity within the 29651 zip code of our dynamic Greenville-Spartanburg MSA. Don't hesitate to reach out for deeper details on this income producing property.

Aptly nestled in the heart of the Southeast along I-85, between Charlotte, NC and Atlanta, GA, the Upstate South Carolina region is experiencing unprecedented economic growth, driven by a diverse economy that includes major industry players in automotive, advanced manufacturing, and technology sectors. There is significant development along the I-85 Corridor of Upstate SC in almost every real estate asset class, though investment in multifamily properties here, including mobile home parks, can be particularly advantageous. In the midst of pressure from elevated interest rates & rent values, SVN BlackStream's most accurate demographic data shows consistently steady population growth and increasing demand for affordable housing in the Greenville-Spartanburg area.

The proximity to major employers, excellent transportation infrastructure, and a favorable business climate make Greer, SC an attractive location for both residents and investors. Additionally, the relatively lower cost of mobile homes compared to traditional housing provides a stable rental market, ensuring consistent cash flow and vast potential for long-term ROI.

Matthew Nocella
864-637-9302
Matthew.Nocella@SVN.com

Building Size: 1sq ft
Lot Size: 0.5 acres

Map of 104 Belk Ct, Greer, SC, 29651

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.