Kitson Mill Garden Multifamily Development
A ± 14.5-Acre 296 Unit Gard Multifamily Development
Marketing description
Northmarq is pleased to present Kitson Mill Garden Multifamily Development, ±14.5 acre site located at 700 Kitson Street in Greenwood, South Carolina. The Site features a 296-unit garden style multifamily opportunity as part of a Master Planned Community consisting of an additional 36 loft apartments and over 40,000 SF of Commercial/Office/Retail, which will be completed separately by the Master Planned Community builder. Conveniently located adjacent to downtown Greenwood and ½ mile from Lander University, the site offers excellent connectivity to major highways and represents a compelling opportunity to serve a growing need of housing for traditional multifamily renters and unmet student housing demand in one of the Upstate’s most underserved and growth-ready corridors. The opportunity benefits from the South Carolina Textile Mill Tax Credit and potential FILOT agreements, offering a combination of upfront equity generation and long-term property tax relief to improve returns and overall project economics.
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