136 Cain Cir - Manufactured Housing/Mobile Housing FOR SALE


Spartanburg, SC 29303
$744,000 USD
828-699-4505
136 Cain Cir, Spartanburg, SC for Sale
$744,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/11
null | 10.9% Cap Rate

136 Cain Cir
Spartanburg, SC 29303


HIGHLIGHTS

  • Super central location just off I-85 and I-26 which is convenient to a plethora of amenities.
  • All public utilities, electricity, city water and city sewer billed directly to residents, reducing operational overhead & maintenance.
  • All 8 units are park owned, with the 9th pad waiting for a new unit to increase profitability.

OVERVIEW

5 Star Real Estate Pros is pleased to present Cain Circle MHP. Located just off I-85 and I-585, this mobile home park offers an amazing investment opportunity in Spartanburg, South Carolina. Cain Circle community offers 8 park-owned homes, and one additional pad for one additional home to be added. Utilities are tenant-friendly, with electricity, city water and city sewer billed directly to residents, reducing operational overhead and maintenance responsibilities for the owner. Spartanburg, South Carolina, presents a compelling case for those seeking a balance of affordability, opportunity, and quality of life. Coupled with a diverse and expanding job market encompassing manufacturing, healthcare, and logistics, Spartanburg offers promising career prospects. Beyond economics, the city fosters a family-friendly environment with ample parks, recreational activities, and a welcoming community. Its proximity to the Blue Ridge Mountains provides easy access to outdoor pursuits, while its convenient location near larger cities like Charlotte and Atlanta ensures residents enjoy both a small-town feel and access to big-city amenities.

FOR SALE DETAILS

PRICE

$744,000 USD

PRICE/SF

$11 USD /SF

# OF UNITS

8

PRICE/UNIT

$93,000

CAP RATE

10.9%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cain Mobile Home Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.57 AC

LAND SF

68,603 SF

ZONING

6RGC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

David LeeKeller Williams Realty Mountain PartnersMore Info
828-699-4505

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David LeeKeller Williams Realty Mountain PartnersMore Info
828-699-4505

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.