Listed by SVN Palmetto
$1,250,000
Spartanburg / Greenville Multifamily Portfolio
Details
APN 0176000110300, 7-16-06-192.00, 7-16-06-191.04, 7-11-12-155.00
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 9,900
Units 20
Occupancy 100%
Tenancy Multi
Price per SqFt $198
Class C
Year Built 1970
Year Renovated 2023
Buildings 4
Zoning General Residential R-6
Investment Type Stabilized
Value-Add Multifamily Portfolio Offering | 12 Units | Strong In-Place Cash Flow with Upside On It.
Marketing description
Introducing a prime investment opportunity in Spartanburg - Greenville, SC: This meticulously maintained property features 12 units, offering a robust income stream. Renovated in 2022 and 2023, the versatile General Residential R-6 zoning provides substantial flexibility. With a 100% occupancy rate, this property provides immediate cash flow for the savvy investor. The historical appeal of the 1966 and 1970 construction, along with recent renovations, ensures a perfect blend of charm and modern amenities. Don't miss this chance to add a strong and lucrative asset to your multifamily/single-family rental portfolio.
Investment highlights
- 12 units
- Constructed in 1966 and 1970, underwent renovation in 2022 and 2023
- Zoned General Residential R-6 for versatile use
- Prime location in the Spartanburg - Greenville area
Listing Contacts
Listed by SVN Palmetto
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