Castle Gate Mobile Home Park 3535 Geer Hwy Terrain 4,17 ha À vendre 1 289 297 € Marietta, SC 29661

SVN Palmetto is proud to present Castle Gate MHP at 3535 Geer Hwy, Marietta SC 29661. Strategically located on a major corridor between Asheville, NC and Travelers Rest, SC, this park benefits from proximity to employment centers while maintaining rural affordability.
Greenville County has seen over 20% population growth in the past decade, with demand for affordable housing driven by key employers like BMW, Michelin, GE, Prisma Health, and a rapidly growing industrial and logistics sector. Rising housing costs have created a gap in affordable rental inventory, placing attractive, well-positioned mobile home communities like Castle Gate MHP in high demand.
A low 15% expense ratio, consistent rental income, and six vacant pads ready for infill give investors a clear path to increase revenue and enhance overall value. Pricing at an 8% cap rate reflects the asset's stability, and the existing infrastructure eliminates the need for major capital improvements.
As MHP-zoned land becomes harder to find in Greenville County, opportunities like this—a stabilized park with upside, zoning, and infrastructure in place—are rare. Whether you're scaling your existing portfolio or entering the mobile home park space, 3535 Geer Highway offers the right mix of cash flow, value-add potential, and market strength.
Contact me today at 864-640-9580 to schedule a site visit.