107 Diamond Lane
Spartanburg, SC 29316

$1,250,000
 Get directions
 
Investors Dream! This mobile home park is the perfect income-producing property. Located on 18.22 acres, in the heart of the westside of Spartanburg. This property features 13 mobile homes, seven of them are double wide, and the other six are...
$1,250,000
Change Currency
18.22 Acres
Exterior
Multi Family
Property type
1995
Year Built
1450512
Web Id
1450512
MLS ID
Other
Subdivision
Spartanburg 6
School District
Fairforest
Elementary
Fairforest
Middle
Dorman
High
78
days ago

About 107 Diamond Lane

Investors Dream! This mobile home park is the perfect income-producing property. Located on 18.22 acres, in the heart of the westside of Spartanburg. This property features 13 mobile homes, seven of them are double wide, and the other six are single wide. Each property has its own septic tank and water tap. Property is on city water and public sewer has just become available for the whole property. Current development includes approximately 1,000 ft. of paved road, a 1,000 ft. of 8 in. water line, and electrical power. The owner had an original plan with full county approval for 22 lots, these lots being one-third of an acre each. Only 12 of these lots have been currently developed. The remaining 10 lots are ready for development now, without any further approvals by Spartanburg County. Recently, public sewer has become available, so that future owners can develop at their desired density. All 13 homes are currently rented and bring in approximately $100,000 yearly income. Owner may take 50% of purchase price on a mortgage, with a seven-year term. This property is located only a few miles from I-85 and I-26. The rental history will show that these homes are in high demand and very easy to rent.

Listing Courtesy of Coldwell Banker Caine Real Est Represented by Donna Morrow

features

cooling
Electric

PROPERTY INFORMATION

Amenities
Lights, Lawn Maintenance
Cooling
Central Forced
Heating
Forced Air
Sewer
Public Available, Septic
Water
Public

EXTERIOR

Exterior Features
Vinyl Siding
Roofing
Composition Shingle, Other
Listing Courtesy of GGAR MLS
Joan Herlong Sotheby’s International Realty is your destination for luxury real estate listings. This property for Sale at 107 Diamond Lane, Spartanburg, South Carolina 29316 United States is a Multi Family with bedrooms, full baths, and partial baths. It is located in , Spartanburg, South Carolina, and is in the 29316 zip/post code area. This home of was built in 1995 and is on a 18.22 Acres lot. Joan Herlong Sotheby’s International Realty also has property listings in cities near Spartanburg, including Mauldin, Simpsonville and Batesville. If you would like more information about this home for Sale at 107 Diamond Lane, Spartanburg, South Carolina 29316 United States or would like to schedule a showing, contact the agent listed above for more information. You may also sign in, create an account, and save this listing for later reference by using icons at the top of this page.

Coldwell Banker Caine Real Est

Listing Courtesy of GGAR MLS
107 Diamond Lane, Spartanburg, South Carolina 29316 United States is a Multi Family for Sale for $1,250,000 USD. Was built in 1995, has ( m2) on a lot of 18.22 Acres sq ft . And it's composed from Bedrooms, full baths and partial baths.
 This information is provided by the Multiple Listing Service of Greenville, South Carolina, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and data is deemed reliable but is not guaranteed accurate by the MLS.
Contact Agent