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106 Cool Springs Drive dr - Cool Springs Park 16 Unit Apartment Building Offered at $1,091,615 CAD Anderson, SC 29626
Investment Highlights
- 16-Lot Mobile Home Park: Scalable asset with 15 homes already in place
- Strong Workforce Housing Demand: Proximity to major employers (Michelin, First Quality)
- Value-Add Upside: Opportunity to increase rents and improve overall park performance
- Immediate Income Potential: Minimal additional capital required to begin generating revenue
- Tenant-Friendly Location: Walkable to Varennes Elementary School
- Flexible Investment Strategy: Suitable for long-term hold, repositioning, or gradual redevelopment
Executive Summary
Property Description
Cool Springs Mobile Home Park Portfolio — Anderson, SC — 16-lot mobile home park with 15 homes currently on site, offering immediate rental potential and strong in-place infrastructure.
This asset presents a compelling opportunity for investors seeking stable cash flow with upside, as well as developers or home builders looking to incrementally improve values and raise comparable sales within the subdivision.
With the majority of homes already in place, the property is positioned for rapid lease-up and income stabilization, minimizing initial setup costs and time to revenue.
Location Description
Directly adjacent to Varennes Elementary School
±2 miles from Michelin and First Quality
Highly desirable location for workforce housing, with walkability to a local elementary school and close proximity to major employment centers supporting consistent tenant demand.
Cool Springs Mobile Home Park Portfolio — Anderson, SC — 16-lot mobile home park with 15 homes currently on site, offering immediate rental potential and strong in-place infrastructure.
This asset presents a compelling opportunity for investors seeking stable cash flow with upside, as well as developers or home builders looking to incrementally improve values and raise comparable sales within the subdivision.
With the majority of homes already in place, the property is positioned for rapid lease-up and income stabilization, minimizing initial setup costs and time to revenue.
Location Description
Directly adjacent to Varennes Elementary School
±2 miles from Michelin and First Quality
Highly desirable location for workforce housing, with walkability to a local elementary school and close proximity to major employment centers supporting consistent tenant demand.
Property Facts
| Price | $1,091,615 CAD | Building Size | 1,100 SF |
| Price Per Unit | $68,226 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2025 |
| No. Units | 16 | Opportunity Zone |
Yes
|
| Property Type | Multifamily |
| Price | $1,091,615 CAD |
| Price Per Unit | $68,226 CAD |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Building Size | 1,100 SF |
| No. Stories | 1 |
| Year Built | 2025 |
| Opportunity Zone |
Yes |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 125-25-02-016 | Improvements Assessment | $0 CAD |
| Land Assessment | $810 CAD | Total Assessment | $810 CAD |
Property Taxes
Parcel Number
125-25-02-016
Land Assessment
$810 CAD
Improvements Assessment
$0 CAD
Total Assessment
$810 CAD
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106 Cool Springs Drive dr - Cool Springs Park
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