Approved Mobile Home Park
For Sale
Contact for pricing
1518 Farley Ave, Spartanburg, SC 29301
26-lot mobile home park development opportunity near downtown Spartanburg.
Property SizeContact for details
Days on Market1004
Property Features for 1518 Farley Ave
General Information
Standard status
Active
Class
A
Property subtype
Mobile Home Park
Investment Type
Value Add
Building Details
Year Built
2024
Units
25
Listing Agency:
Diamond Investments
Listed By:
Jace Perry · License #SC
Source:
Crexi
Added: Jan 18, 2024
Changed: Oct 11
Last Checked: Oct 16 at 6:02AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Diamond Investments
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Investment Insights
Based on property information with market context.
This is an opportunity to develop a 26-lot mobile home park near downtown Spartanburg, SC. The county has approved plans for the development. Streets are to be asphalt to create an A-class community. Based on market comparisons, lot rents are projected at $900 per month, with a potential stabilized value of $2,275,000 based on lot rent alone. Additional income may be generated through a portion of each mobile home sold. The property is located at 1518 Farley Ave, Spartanburg, SC 29301.
Key Highlights
- Approved plans for a 26‑lot mobile home park.
- Located within blocks of downtown Spartanburg, SC.
- Projected lot rents of $900/month.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
143
Businesses Nearby
Explore this area
Business Placement
Demographics for 29301, SC
34,531
Population
16,020
Households
2.2
Avg Household Size
37
Median Age
27%
College-Educated
87%
High-School Grad
27.5 sq mi
ZIP Area
1,256
Density / Sq Mi
$56,606
Median Household Income
$37,761
Median Earnings
$1,126
Median Rent
$200,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - 26-lot mobile home park development opportunity near downtown Spartanburg.
Where is this mobile home & rv park located?
The property is located at 1518 Farley Ave Spartanburg, SC.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Approved plans for a 26‑lot mobile home park.; Located within blocks of downtown Spartanburg, SC.; Projected lot rents of $900/month.
