NOT LISTED FOR SALE

3237 Highway 92 Gray Court, SC 29645

Estimated Value: $49,000 - $1,065,000

Studio
-- Bath
25,400 Sq Ft
$17/Sq Ft Est. Value

Sale Details

Date Sold: March 13, 2025

Last sale price $2,050,000 $81 Per Sq Ft

Current estimated payment $2,342 / mo

85 Days on Market

Highlights

  • 26 Acre Lot
  • 1-Story Property
  • Heating Available
  • Cooling Available

About This Home

As of March 2025

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.

Last Agent to Sell the Property

Talia Gila

REAL GVL/REAL BROKER, LLC License #105879 Listed on: 12/07/2024

REAL GVL/REAL BROKER, LLC

Last Buyer's Agent

Ashley Lewis

Prime Realty, LLC License #80604

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,900

Year Built

  • Built in 2000

Lot Details

  • 26 Acre Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 25,400 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • 24 Units

Listing and Financial Details

  • Assessor Parcel Number 3160000079

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,900

Year Built

Built in 2000

Lot Details

26 Acres

Listing Details

  • Total Sq Ft: 25400
  • Total Finished Sq Ft: 25400
  • Estimated Age: 21-30
  • Estimated Number of Acres: 26
  • Class: Multi-Family
  • Lvt Date: 12/07/2024
  • Sold Price Sq Ft: 80.71
  • Type: Quad
  • Assessor Parcel Number: 3160000079
  • Estimated Year Built: 2000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 2000

Interior Features

  • Number Of Stories: 1

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Crawl Space
  • Roof: Composition Shingle

Utilities

  • Garbage Pickup: Private
  • Sewer: Septic
  • Water: Public, Well
  • Water Heater: Electric
  • Cooling System: Electric
  • Heating System: Electric

Tax Info

  • Total Taxes: 13900

Multi Family

  • Total Units: 24

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Bought by
Current Estimated Value
$429,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,407,000
Interest Rate
0.028%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2008
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$180,000 None Available
$1,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,332,500
Closed $1,407,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/13/2025 03/13/25 Sold $2,050,000 -6.8% $81 / Sq Ft
03/02/2025 03/02/25 Pending -- -- --
12/07/2024 12/07/24 For Sale $2,200,000 -- $87 / Sq Ft
Source: Greater Greenville Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $303 $890 $890 $0
2024 $303 $890 $890 $0
2023 $298 $390 $0 $0
2022 $292 $890 $890 $0
2021 $254 $780 $780 $0
2020 $251 $780 $780 $0
2019 $257 $780 $780 $0
2018 $253 $780 $780 $0
2017 $250 $780 $0 $0
2015 $155 $780 $0 $0
2014 $155 $780 $0 $0
2013 $155 $780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Greenville Association of REALTORS®

MLS Number: 1543421

Greater Greenville Association of REALTORS®

APN: 316-00-00-079

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