107 Diamond Lane Spartanburg SC

107 Diamond Lane

$1,250,000 | MLS #: 282756

107 Diamond Lane
Spartanburg, SC29301

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.
  • Other
  • 6-Fair Forest
  • 6-Fair Forest
  • Dorman High School
  • Status: Active
  • Built 1995
  • Car Garage
  • Listed By: COLDWELL BANKER CAINE

Property Photos

107 Diamond Lane image 1
107 Diamond Lane image 2
107 Diamond Lane image 3
107 Diamond Lane image 4
107 Diamond Lane image 5
107 Diamond Lane image 6
107 Diamond Lane image 7
107 Diamond Lane image 8
107 Diamond Lane image 9
107 Diamond Lane image 10
107 Diamond Lane image 11
107 Diamond Lane image 12
107 Diamond Lane image 13
107 Diamond Lane image 14
107 Diamond Lane image 15
107 Diamond Lane image 16
107 Diamond Lane image 17
107 Diamond Lane image 18
107 Diamond Lane image 19
107 Diamond Lane image 20
107 Diamond Lane image 21
107 Diamond Lane image 22
107 Diamond Lane image 23
107 Diamond Lane image 24
107 Diamond Lane image 25
107 Diamond Lane image 26
107 Diamond Lane image 27
107 Diamond Lane image 28
107 Diamond Lane image 29
107 Diamond Lane image 30
107 Diamond Lane image 31
107 Diamond Lane image 32
107 Diamond Lane image 33
107 Diamond Lane image 34
107 Diamond Lane image 35
107 Diamond Lane image 36

Property Location

Interested in this
home?

Call us: 864.542.8008

Contact Us Today For More Information

Error Message