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Longbow Drive
Spartanburg, SC 29302
Asking Price
$396K
Asset Type
Residential Land
Class
Class B
What's Special
Buildable lot for single family or multi family. <p><span style="color: rgba(0, 0, 0, 1)">3.74-acre parcel on Longbow Drive in Spartanburg offering strong potential for residential development. Ideal for single-family, townhome, or multifamily use, the site is located in a growing area with increasing housing demand in Spartanburg County. Convenient access to major roads, employment centers, and local amenities, Next to golf course communities enhancing its residential appeal.</span></p>
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NOI
$80,000
Cap Rate
20.20%
DSCR
3.40
Strong
Cash-on-Cash
47.55%
Monthly Payment
$1,959.192
Annual Cash Flow
$56,489.697
