Excellent Investment Opportunity - future income producing property!!
Located fifteen minutes north of downtown Greenville, SC on Highway 25, this fifty-three acre tract consists of mature mountain hardwoods and has a site plan in place for the construction of sixty rental cabins over a five year period. The projected net income for year five is just under $1.5MM - this number incorporates a 25% vacancy rate and current market indicators support the existing demand for this rental product.
The property runs along a ridge that reaches an elevation of 1,200 feet which offers privacy and seclusion - perfect for visitors to the area looking for a mountain getaway experience with close proximity to Greenville.