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Updated almost 7 years ago,
Spartanburg Cap Rates
Hey guys and gals,
I'm looking at purchasing a multifamily property in the Upstate of SC (Greenville and Spartanburg specifically) and was wondering what other investors are seeing market cap rates at. Had an 8 unit property marketed to me at a 6.5% cap rate which seems very low and isn't even a B or C+ Property. Any thoughts or suggestions would be great!
Jr