2662 Mount Lebanon Road
Property Description
This seven-home single-family rental portfolio offers a rare opportunity to acquire a cash-flowing investment with immediate income and significant upside in the growing Campobello market of Spartanburg County. Four of the seven homes are currently occupied by long-term tenants, generating $45,060 in annual rental income, with three vacant units providing the opportunity to add an estimated $33,000 in additional annual revenue after rehabilitation and lease-up. Several existing leases remain below market, creating further potential for organic rent growth and a projected stabilized income of $80,000 annually. Offered as a single, easy-to-manage portfolio, the property also benefits from South Carolina’s low investment property taxes, enhancing overall investor returns. Ideal for 1031 exchange buyers or cash investors, this portfolio combines strong in-place cash flow with long-term value-add potential in one of Spartanburg County’s expanding rental markets.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $630,000 |
| No. of Units: | 7 |
| Lot Size: | 3.48 Acres |
| Opportunity Zone: | No |
| Price per unit: | $90,000 |
| Property Website | Click Here |
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