1518 Farley Ave Spartanburg, SC 29301

Building Details

Year Built

2024

Listing Agency Diamond Investments

Listed by Jace Perry · License #SC

Source Crexi

Added: Jan 18, 2024 Checked: Jul 19 at 6:59 am

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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.

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FAQs

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 $250,000.

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.