THE VILLAGES, FL--(Marketwired - Sep 22, 2014) - Great Plains Holdings, Inc. (OTCQB: GTPH) is pleased to announce that its Ashland Holdings LLC subsidiary has added another property to its growing portfolio of income producing properties. This property represents Ashland Holdings' commitment to expanding into the southeastern United States by adding a property in Hanahan, South Carolina, a suburb of Charleston.
The Charleston, South Carolina economy is extremely strong (tourism alone is the highest in the U.S., with over 4 million visitors annually), and the affordable housing shortage is vast. The median home price is $212,400 and the average two-bedroom apartment rents for approximately $1,000 per month. The acquisition price was $82,500.00 which gives Great Plains Holdings a great base price to add another source of revenue.
"We are laser focused on expanding our Real Estate portfolio through our Ashland Holdings subsidiary and expect continued growth going forward," said Great Plains' President Denis Espinoza.
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