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  • IR: Investment Opportunities
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Investor
Relations

Current Projects

Affordable Housing

Oasis Park Sign

Oasis

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Chelsea Park Sign

Chelsea

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Gateview Sign - Copy

Gateview

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Spring Valley Park Sign

Spring Valley

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Pleasant Acres Sign

Pleasant Acres

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Green Acres Sign

Green Acres

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20201130_113454 (1) (1)

Magnolia Manor

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Commercial Real Estate

Commercial Projects

Rocky River

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Cascade

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Moore's Chapel Village

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Faggart Ave Exterior

Faggart Avenue

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Projects Under Development

Boggs Drive

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Autumn Mill

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Countryside

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Archer Road

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MLP Google Map

See where our current projects are located!
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Oasis Park Sign

Oasis

Roebuck, south caroina

Project Name: Oasis

Address:508 Wingo Road, Roebuck, SC 29376

County: Spartanburg

Number of Rentals: 12 Dwelling Units | 15 Pads | 1 Stick Built Home

Recent News: Conditional approval to add 10 lots issued has been reduced to 7-8 lots due to setback requirements.  Redesign/value engineering in process so that sewer connection can be made through abutting parcel (Magnolia Manor).

Last Updated 7/16/2021

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Chelsea Park Sign

Chelsea

moore, sc

Project Name: Chelsea

Address: Chelsea Street, Moore, SC 29369

County: Spartanburg

Number of Rentals: 23 Lots | 20 Dwelling Units

Recent News:  Evaluating ways to provide access through Chelsea to Countryside parcel.

Last Updated 6/25/2021

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Gateview

woodruff, sc

Project Name: Gateview (Gateview I & Gateview II)

Address: 108 Gateview Circle, Woodruff, SC 29388

County: Spartanburg

Number of Rentals: 

  • Gateview I: 30 Lots | 3 Dwelling Units
  • Gateview II: 2 Lots | 1 Dwelling Unit | 1 Stick Built House

Recent News::

  • Gateview I: Sewer is in need of replacement, City to allow for the line to upgraded without full replacement for cost savings.  Working on obtaining contract with Site Contractor.
  • Gateview II: Expansion project on hold due to cost escalations for improvements.

 

Last Updated 7/16/2021

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Spring Valley

Woodruff, sc

Project Name: Spring Valley

Address: Jamies Creek and Betsy Lane, Woodruff, SC 29388

County: Spartanburg

Number of Rentals: 28 Lots | 28 Dwelling Units

Recent News:  Conceptual Plans in design, survey is complete.  Potential to add 11 pads on the existing site.  Currently evaluating feasibility of project.

Last Updated 7/16/2021

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Pleasant Acres Sign

Pleasant Acres

ellenboro, nc

Project Name: Pleasant Acres

Address: 106 Sunnybrook Lane, Ellenboro, NC 28040

County: Rutherford

Number of Rentals: 50 Lots | 13 Dwelling Units

Recent News: We’re evaluating opportunities to add two additional lots to this development. Approval is grandfathered.

Last Updated 7/16/2021

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Green Acres

Ellenboro, Nc

Project Name: Green Acres

Address: 1521 Race Path Church Road, Ellenboro, NC 28114

County: Rutherford

Number of Rentals: 13 Lots | 7 Dwelling Units

Recent News: Property is performing above expectations.

Last Updated 7/16/2021

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Magnolia Manor

roebuck, sc

Project Name: Magnolia Manor

Address: 480 Wingo Road, Roebuck, SC 29376

County: Spartanburg

Number of Rentals: 1 Stick Built House

Recent News: Project on hold due to cost escalations.

Last Updated 7/16/2021

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Rocky River

charlotte, nc

Project Name: Rocky River

Address: 2935 EWT Harris Boulevard, Charlotte, NC

County: Mecklenburg

Type of Commercial Real Estate: Retail

Recent News: Rocky River grocery store anchored shopping center is performing as expected. A new housing development directly behind the center is expected to have a positive impact on the retail shops and grocery store sales. The nail salon opened in the second quarter. No unbudgeted improvements or disruption in the cash flow were realized in the second quarter of 2021.

Last Updated 7/16/2021

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Cascade Street

concord, nc

Project Name: Cascade Street

Address: 120 Cascade Drive, Concord, NC

County: Mecklenburg

Type of Commercial Real Estate: Industrial

Recent News: Cascade is performing as expected. No unexpected expenses or disruption in cash flow.

Last Updated 7/16/2021

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Moore’s Chapel Village

charlotte, nc

Project Name: Moore’s Chapel Village (MCV)

Address: 19115 Samlen Lane, Charlotte, NC

County: Mecklenburg

Type of Commercial Real Estate: Retail

Recent News: Moore’s Chapel Village is performing as expected. One tenant’s lease has been extended in the third quarter for 5 years which maintains stability in the cash flow. The two other tenant leases are due to expire December 31, 2021 with renewals expected to be completed in the 4th quarter. No interruptions in the cash flow or unbudgeted improvements took place in the third quarter of 2021.

Last Updated 9/8/2021

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Faggart Avenue

concord, nc

Project Name: Faggart Avenue

Address: 384 Faggart Avenue, Concord, NC

County: Mecklenburg

Type of Commercial Real Estate: Industrial

Recent News: Faggart Avenue is performing as expected. No unexpected expenses or disruption in cash flow.

Last Updated 7/16/2021

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Boggs Drive

land acquisition

Project Name: Boggs

Address: Seneca, SC 29678

County: Oconee 

About:  Located in Seneca, SC, Boggs is currently a land holding that will potentially be transformed into a Mobile Home Park or pocket community of affordable single family residences.  This property is located beside an elementary school and is ten minutes from Lake Keowee. 

Recent News: Working with development partner to have lots cleaned up (tree and brush removal).

Last Updated 6/25/2021

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Autumn Mill

land acquisition

Project Name: Autumn Mill 

Address: S. Townville St, S. Fairplay St, & W. 7th Street, Seneca, SC

County: Oconee 

About: This land acquisition will potentially become a pocket community of affordable single family houses.  Autumn Mill is about seven blocks from downtown Seneca, SC and the popular “Ram Cat Alley.”

Recent News: Working with Development Partner to have lots cleaned up (tree and brush removal).  Returned to Zoning to apply to have zoning reduced in density to R6 (6,000sq lots) which should provide us with the ability to ad 15 units with direct connection to existing utility services on the frontage roads (60-90 days before approval will be issued).

Last Updated 6/25/2021

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Countryside

land acquisition

Project Name: Countryside

Address: 55 Countryside Circle, Moore, SC 29369

County: Spartanburg

About: Countryside is a parcel of land located adjacent to our current property, Chelsea.

Recent News: Conceptual Design has drive aisle coming between unit 147 and 145 power lines.  Provides for 12 new pads without losing any existing units and enables us to reduce development timeline.  Additional engineering to be performed.

Last Updated 6/25/2021

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Archer Road

land acquisition

Project Name: Archer Road

Address: 430 Archer Rd. Spartanburg, SC 29303

County: Spartanburg

About: This parcel of land was purchased for the development of a future mobile home park, with potentially up to 99 mobile home park pads onsite.  This property is only about 2 1/2 miles from downtown Spartanburg and Wofford College. 

Recent News: This project is still in the feasibility review stage.  Identifying options for utility access (sewer and water).

Last Updated 6/25/2021

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