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Updated about 4 years ago on . Most recent reply

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174
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Derek Robinson
  • Real Estate Coach
  • Asheville, NC
169
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174
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Anyone investing in Spartanburg, SC

Derek Robinson
  • Real Estate Coach
  • Asheville, NC
Posted

Spartanburg has recently caught my eye.  The city has put a lot of time and resources into revitalizing the downtown area and developers are coming in to build/rehab office buildings and hotels.  BMW has a manufacturing plant in the process of adding a 1 billion dollar facility to their current one, GE has a large plant, and several national chains have their headquarters there.  Real estate is really cheap (40k for a 3/1) and rents are between $600-$800.  Crime rates are high, but have come down steadily in the past few years.  It seems like just a matter of time before the real estate market catches up with the development around.

Anyone on BP investing in this area or have any thoughts?

  • Derek Robinson
  • Most Popular Reply

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    Margaret Full
    • Rental Property Investor
    • South Carolina
    3
    Votes |
    1
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    Margaret Full
    • Rental Property Investor
    • South Carolina
    Replied

    Spartanburg County still have some deals in the area. I think its still a good place to invest. 

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