Skip To Content
    Return to Previous Page

    107 Diamond Lane

    Spartanburg, SC 29301
    • $1,290,000
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: 1427094
    UPDATED: 85 min ago
    $1,290,000
    • 0
      BEDS
    • 18.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,000
      SQFT
    • $1,290
      $/SQFT
    Neighborhood:
    033
    Type:
    Commercial
    County:
    Area:
    033

    School Ratings & Info

    Offered by Donna Morrow of Coldwell Banker Caine Real Est

    Description

    Investors Dream! This mobile home park is the perfect income-producing property. Located on 18.22 acres, in the heart of the west side 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. Owner had an original plan with full county approval for 22 plots, these plots being one-third of an acre each. Only 12 of these plots have been currently developed. The remaining 10 plots 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.

    Monthly Payment Calculator



    © 2020 Greater Greenville Association of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Caine, Inc.. Data last updated 2020-09-22T00:01:08.307.
    www.cainerealestate.com/homes/109892234
    Print Image

    107 Diamond Lane Spartanburg, SC 29301

    • Price: $1,290,000
    • Status: Active
    • Updated: 85 min ago
    • ID#: 1427094
    0
    Beds
    0
    Baths
    0
    ½ Baths
    18.22
    Acres
    1,000
    SQFT
    $1,290
    $/SQFT
    Neighborhood:
    033
    County:
    Spartanburg
    Area:
    033
    Property Description
    Investors Dream! This mobile home park is the perfect income-producing property. Located on 18.22 acres, in the heart of the west side 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. Owner had an original plan with full county approval for 22 plots, these plots being one-third of an acre each. Only 12 of these plots have been currently developed. The remaining 10 plots 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.
    Exterior Features

    Commercial Features Fire/Smoke Alarm Construction Other Exterior Vinyl Lake Property No Road Frontage County Road Roof Aluminum CoveringsComposition Shingle Topography Level

    Interior Features

    Ceiling Heights Eave Under 12 Ft Cooling System Forced Air Floors CarpetVinyl/Linoleum Heating System Forced Air HVAC Other

    Property Features

    Auction YN No Buildings 13 Business Type Multi Family Commercial Type Multi-Family Docs On File Aerial Photo Lease Information None Rent Includes Other Restrictions Existing Leases Sale Includes Building(S)/Land Sewer Public AvailableSeptic Special Finances Owner May Finance Transaction Sale Water Public

    Listing information © 2020 Greater Greenville Association of Realtors MLS
    Listing provided courtesy of Donna Morrow of Coldwell Banker Caine Real Est.


    © 2020 Greater Greenville Association of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Coldwell Banker Caine, Inc.. Data last updated 2020-09-22T00:01:08.307.
     
    https://bt-photos.global.ssl.fastly.net/ggar/orig_boomver_1_1427094-2.jpg https://bt-photos.global.ssl.fastly.net/ggar/orig_boomver_1_1427094-2.jpg https://bt-photos.global.ssl.fastly.net/ggar/orig_boomver_1_1427094-2.jpg
    Logo
    Coldwell Banker Caine, Inc.
    111 Williams St.
    Greenville SC, 29601
    Offered by Donna Morrow of Coldwell Banker Caine Real Est