203 Cowtown Road

SVN Palmetto is pleased to present to market Cowtown MHP located at 203 Cowtown Road Spartanburg SC 29307. This unique multifamily redevelopment opportunity offers affordable housing relief in one of the fastest growing regions in the United States. On site are eight single-wide mobile homes and one single family structure. While the homes are currently vacant, a quick capital injection will stabilize this community to its former occupancy, and affords investors the opportunity to maximize density to its full capacity. Call Matthew Nocella today at 864 - 729 - 2972 for more details on this rare MHP redevelopment in Spartanburg county. Comparisons — Cowpens / Spartanburg Area 1-2 Bedroom homes (older or entry level): $750 – $1,000 / month 2-3 Bedroom homes (standard condition): $1,100 – $1,400 / month 3 Bedroom, 2 Bath homes (updated units): $1,300 – $1,600 / month Road Connections: Near local roads, access to I-85 and Highway 29 ~ 8 miles to Cowpens, SC (nearest small town / services) ~ 10 miles to Downtown Spartanburg, SC ~ 41 miles to Greenville, SC (≈ 44 minutes driving) ~ 65 miles to Charlotte, NC (≈ 1 hr) Major Employers & Occupational Profile: ~ 17% of employment in “production” occupations BMW Manufacturing Corporation (Spartanburg) — automobile manufacturing. Adidas America, Inc. — located in Spartanburg County. Michelin North America — large tire manufacturer with operations in Spartanburg County. Milliken & Company — textiles / performance materials headquartered partly in Spartanburg. Draexlmaier Automotive of America — automotive supplier in the Upstate region / Spartanburg County. Spartanburg Regional Healthcare System — large local health care employer. Spartanburg County Demographics & Economic Profile Population ~ 356,700 people (2023 estimate) Growth since 2020 ~ 8.8% population increase Median Household Income ~$64,195 (latest) Per Capita Income ~$33,427 Poverty Rate ~ 14% Age Distribution ~ 23.3% under 18, ~ 16.3% 65 & over Racial / Ethnic Breakdown ~ 74.0% White (alone), ~ 20.3% Black or African American alone; ~ 9.5% Hispanic or Latino origin