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JUST LISTED : Mobile Home Park For Sale Wellford, SC

JUST LISTED : Mobile Home Park For Sale Wellford, SC. HERE. Great Park in Greenville Spartanburg Corridor $1,550,000 104 Site MHP On 22+ Acres 36 Park Owned Homes Quiet and Shaded Park Convenient Location Near BMW Plant, Michelin Tire, GSP & Inland Port

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JUST LISTED : Mobile Home Park For Sale Wellford, SC

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  1. JUST LISTED: Mobile Home Park For SaleWellford, SC HERE Great Park in Greenville Spartanburg Corridor $1,550,000 104 Site MHP On 22+ Acres 36 Park Owned Homes Quiet and Shaded Park Convenient Location Near BMW Plant, Michelin Tire, GSP & Inland Port Multiple Opportunities for Adding Value For Information: April Breton 864.354.4693 abreton@compass4realestate.com Dan Kiely 561.779.0175 dkiely@scifunds.com WhiteStag Real Estate, Inc. Information contained in this document has been obtained from sources believed reliable. While WhiteStag Real Estate, Inc., assumes its accuracy, it has not verified it and makes no guarantee, warranty or representation regarding it. It is the potential buyers responsibility to independently confirm the accuracy and completeness of property information. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The information contained herein should be independently determined or confirmed and evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

  2. The Glen At Wellford Mobile Home ParkWellford, SC Non-Disclosure/Confidentiality Agreement This summary has been provided by WhiteStag Real Estate, Inc. and is for your limited use in determining whether you wish to explore the acquisition of the Property herein. This summary contains only selected information and does not purport to be a comprehensive representation of the Property particulars. It does not contain all of the information which prospective investors require to evaluate a purchase of the property. Financial projections are provided for general reference purposes only and are based on assumptions relating to the general economy, market conditions, competition and other factors beyond the control of WhiteStag Real Estate, Inc., and are subject o material variation. All references to acreages, square footages, and other measurements are approximations. Additional information and an opportunity to inspect the Property will be made available to interested and qualified prospective purchasers. These summaries do not purport to be complete nor necessarily accurate descriptions of the full agreements referenced. Interested parties are expected to review all such summaries and other documents of whatever nature independently and not rely on the contents of this Memorandum in any manner. Neither the Owner or WhiteStag Real Estate, Inc., nor any of their respective directors, officers, Affiliates or representatives make any representation or warranty, expressed or implied, as to the accuracy or completeness of this Memorandum or any of its contents, and no legal commitment or obligation shall arise by reason of your receipt of this Memorandum or use of its contents; and you are to rely solely on your investigations and inspections of the property in evaluating a possible purchase of the real property. The owner expressly reserves the right at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminate discussions with any entity at any time with or without notice which arise as a result of review of the Memorandum. The Seller shall have no legal commitment or obligation to any entity reviewing this Memorandum or making an offer to purchase the Property unless and until written agreement(s) for the purchase of the Property have been fully executed, delivered and approved by the Seller and any conditions to the Sellers obligations therein have been satisfied or waived. By receipt of this Summary, you agree that its contents are of a confidential nature, that you will hold and treat it in the strictest confidence and that you will not disclose any of its contents to any other entity without the prior written authorization of the Seller or WhiteStag Real Estate, Inc. You also agree that you will not use this Memorandum or any of its contents in any manner detrimental to the interest of the Seller or WhiteStag Real Estate, Inc. Any property visit must be approved by WhiteStag Real Estate, Inc. There will be absolutely no contact with tenants, management, ownership or governmental agencies without approval from WhiteStag Real Estate, Inc. Information contained herein has been obtained from sources we deem reliable. We have no reason to doubt its accuracy , but we do not guarantee it.

  3. The Glen At Wellford Mobile Home Park, Wellford, SC Greenville/Spartanburg Corridor Executive Summary Property Description & Location Information

  4. The Glen At Wellford Mobile Home Park, Wellford, SC Greenville/Spartanburg Corridor PHOTOS

  5. The Glen At Wellford Mobile Home Park, Wellford, SC Greenville/Spartanburg Corridor PRO FORMA INCOME & EXPENSE PROJECTIONS

  6. The Glen At Wellford Mobile Home Park, Wellford, SC Greenville/Spartanburg Corridor RENT ROLL

  7. The Glen At Wellford Mobile Home Park, Wellford, SC Greenville/Spartanburg Corridor Greenville/Spartanburg Corridor Market Overview Greenville/Spartanburg Corridor: Greenville is the largest city in the Greenville-Spartanburg-Anderson Combined Statistical Area (CSA). Spartanburg is the second-largest city in the area. The CSA is located approximately halfway between Atlanta, Georgia and Charlotte, North Carolina along interstate 85. Greenville is the seat of Greenville County in upstate, South Carolina with a metropolitan population of 850,965 as of 2013 and a combined statistical area population of 1,438,550 as of 2013, according to GSA Business Market Facts. It is the fastest growing urban area in the state and the largest SMSA in South Carolina. CNN Money listed Greenville as one of the "Top 10 Fastest Growing Cities in the U.S." Bloomberg named Greenville the 3rd Strongest Job Market, 2010; and Forbes named Greenville the 13th Best City for Young Professionals. Additionally, the state of South Carolina has been ranked within the top 10 fastest growing states and economies by the U.S. Commerce Department. In the 1980s, Greenville turned to laying the foundation for their downtown vision and providing an example of business potential to encourage business relocation to downtown. The City is now known nationally for its charming and dynamic downtown. The National Trust for Historic Preservation National Trust awarded Greenville with the Great American Main Street Award in 2003 and 2009. Since then it has been featured in numerous publications, including Southern Living Magazine and the U.S. Airways Magazine (March 2010). Greenville's economy was formerly based largely on textile manufacturing, and the city was long known as "The Textile Capital of the World." In the last few decades, favorable wages and tax benefits have lured foreign companies to invest heavily in the area. The city is the North American headquarters for Hubbell Lighting, PerceptIS, and Michelin, and has offices for BMW. In 2003, the International Center for Automotive Research was created, establishing CUICAR as the new model for automotive research. The Center for Emerging Technologies in mobility and energy was opened in 2011, hosting a number of companies in leading edge R&D and the headquarters for Sage Automotive. The former Donaldson Air Force Base land has become the South Carolina Technology and Aviation Center, a Lockheed Martin aircraft and logistics center, as well as facilities operated by 3M and Honeywell. Caterpillar Inc. has a diesel engine manufacturing plant and engineering operations located in Greenville. General Electric has a gas turbine and wind energy manufacturing operation located in Greenville. O'Neal, Inc. a project planning, design, and construction firm has its headquarters in Greenville. Spartanburg is the seat of Spartanburg County and the sixth largest city by population in the state with a municipal population of 37,013 and an urban population of 180,786 at the 2010 census. The Spartanburg Metropolitan Statistical Area had a population of 316,997 as of the 2012 census estimate and Revised Delineations of Metropolitan Statistical Areas. The economy of Spartanburg benefits from the BMW manufacturing facility located in the western end of Spartanburg County. Spartanburg is also home to the world headquarters of Denny’s located in downtown Spartanburg and research facility for Milliken & Company. Milliken is one of the largest privately held textile and chemical manufacturers in the world. Most recently, the world’s largest manufacturer of fiber optic cable announced the largest initial investment in South Carolina history ($1bb). In the past decade, developers and community leaders have spearheaded an effort to revitalize Spartanburg's downtown commercial district. This has resulted in a remodeling of Morgan Square, the restoration of a number of historic structures and the relocation of several businesses and company headquarters to the downtown vicinity. Some of these new developments include a nine-floor, 240-room Marriott Convention Center, the headquarters of Advance America and the headquarters of QS/1 Data Systems Numerous other smaller businesses such as RJ Rockers Brewing Company have also moved downtown as a result of this community-wide effort. The Greenville/Spartanburg Corridor is also host to a significant number of colleges and universities including: Clemson University, Furman University, University of South Carolina Upstate, Bob Jones University, South Carolina State University, Anderson University, Wofford College, Lander University, Medical University of South Carolina, Greenville Technical College, Limestone College, North Greenville University, Southern Wesleyan University-Greenville Campus, Sherman College of Chiropractic (South Carolina’s only chiropractic college), Virginia College, Spartanburg Community College, Spartanburg Methodist College, Edward Via College of Osteopathic medicine (VCOM-Carolinas Campus), University of South Carolina Upstate. In addition, a number of National Institutions have Greenville locations, including: Brown Mackie College, ECPI University, Embry-Riddle Aeronautical University, ITT Technical Institute, Strayer University, University of Phoenix, Virginia College, Webster University, and Converse College.

  8. The Glen At Wellford Mobile Home Park, Wellford, SC Greenville/Spartanburg Corridor AREA MAP INSERT MAP The WhiteStag Team: The Glen at Wellford is a great cash flow park with numerous opportunities for Added values located in the dynamic, growing, and economically sound Greenville/Spartanburg Corridor. All this makes this 104 site park a great investment opportunity in one of the nation’s stand out markets. The park is stable and cash flows well at the existing 65% occupancy level. Any new owner has the base from which to create additional cash flow and value. The park is experiencing unmet demand and is ready for nearly any business plan to be implemented: the pad rent model, the traditional home sale model, or the park owned home rental model. Please contact us for additional information.

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