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Traveler's Rest Development Tract

North Highway 25 : Travelers Rest, SC 29690

Greenville County, South Carolina

52 Acres
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Farm Description

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.

Farm features, descriptions, details, sales history, photos, maps, boundaries and files are deemed reliable and provided "as is" without guarantee, warranty, representation, expressed or implied by FARMFLIP or its advertisers, and is subject to errors, omissions, sale or withdrawal. Contact the advertiser directly regarding this listing.