Alden Simpson’s Wholesale Deal
2 Properties Available 2 miles from Downtown Greenville near the popular Hampton Station.
Hampton Station houses: Birds Fly South Brewery, Lion’s Roar Crossfit, White Duck Taco Shop, and many more businesses.
More details here: https://www.hamptonstation.com/
Property #1: Converted Motel at 1207 Hampton Ave Ext, Greenville, SC 29601
- 16 Unit Motel converted into efficiency apartments
- 12 Units are rent-ready with 90% occupancy.
- Units rent for an average of $200 per week. Currently, monthly rent income is approximately $8000
- Tenants stay long-term. Some have been there 4+ years.
- 4 units are gutted and need renovation
- Includes community laundry room with 2 washer/dryer
- Roofs on all Motel Buildings appear less than 5 years old
- Includes 2 empty lots behind the motel at 7 & 14 Bartons Aly that are zoned for more motel buildings. Total combined size of lots is 0.3 acre
Potential gross annual rental income with all 16 units rented: $150,000
Price below for 16-Unit Motel and 2 Lots on Bartons Aly
PRICE = $490,000 OBO
Property #2: 2300sf Community Center at 1207 Hampton Ave Ext, Greenville, SC 29601
- Rents for $1000-1300 per night for events per owner
- 30ft X 50ft open room with raised stage and DJ area
- 2 bathrooms with showers
- kitchen area and utility/storage area.
- Has brand new large deck for outside entertaining – see pics
- Metal roof in good shape
- Includes 0.22 acre lot next door at corner of Hampton Ave Ext and E Bramlett Rd
Price Below for Community Center and Lot next door
PRICE = $200,000 OBO
PLEASE DO NOT DISTURB TENANTS
CALL FOR ACCESS (864) 438-3448
Pictures:
MOTEL: https://drive.google.com/open?id=1ma6W3vzfs6FJz7zV4FZcxICvJ1LZyBiZ
COMMUNITY CENTER: https://drive.google.com/open?id=1FNn0OvD3TgdXmzCUv8H6jh7Dc2cTFEmd
TAX MAP NUMBERS AND PROPERTY REPORTS:
- Motel – TMS 0139.00-07-012.00
- 7 Bartons Aly Lot behind Motel – TMS 0139.00-07-014.00
- 14 Bartons Aly Lot behnd Motel – TMS 0139.00-07-013.00
- Community center – TMS 0139.00-07-008.00
- Lot next to Community center – TMS 0139.00-07-009.00
- ALL CRS PROPERTY REPORTS: https://drive.google.com/open?id=1z3R21xR1no15SBgJsLpWA7uakWThIfV2
CALL FOR ACCESS (864) 438-3448
***Please do not re-market any of our deals without the permission of Upstate Wholesale Houses. We will not do any Joint Venture deals without a JV agreement in place in advance of any re-marketing of the property.
Thanks for looking,
Alden Simpson