Spartanburg, SC 4 unit apartment building for sale!

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Greenville, SC 路 Member since 2018 路 5 posts 路 3 votes
7y

I鈥檓 from Greenville ... however grew up in the Spbg area and went to undergraduate at Upstate. Honestly , my attention is focused on holding properties in the Spartanburg area due the amount of colleges, close proximities to Miliken Plant, BMW, Adidas, sub contractors for BMW, Walgreens Distribution and so much more. 

I鈥檝e connected  with several investors and they all agree. Several city project initiatives are coming the Spartanburg to help vitality similar to Downtown Greenville. 

If you are familiar with Spartanburg you can visibly see the transition today verses 2-3 years ago . Of course location matters 馃憣馃従.

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  • Danny RandazzoPro Member
    Apartment Syndicator 路 Charleston, SC 路 Member since 2016 路 973 posts 路 728 votes
    7y

    If someone needs market knowledge about Spartanburg, SC you should reach out to @Dan Handford who lived close by for 20+ years. 

  • Dan HandfordPro Member
    Investor 路 Lexington, SC 路 Member since 2018 路 779 posts 路 501 votes
    7y

    @Derek Robinson From the pics it looks like a D-class property with cinder block construction. Not something for my investment dollars. I don't think you will see too much increase in value/appreciation over time with that type of asset.

    As a general rule, I don't invest in Spartanburg as there are not too many blue chip companies there and I don't really see much development/population growth. Now Greenville, SC on the other hand...I'm all over that market!

  • Greenville, SC 路 Member since 2018 路 5 posts 路 3 votes
    7y

    I鈥檓 from Greenville ... however grew up in the Spbg area and went to undergraduate at Upstate. Honestly , my attention is focused on holding properties in the Spartanburg area due the amount of colleges, close proximities to Miliken Plant, BMW, Adidas, sub contractors for BMW, Walgreens Distribution and so much more. 

    I鈥檝e connected  with several investors and they all agree. Several city project initiatives are coming the Spartanburg to help vitality similar to Downtown Greenville. 

    If you are familiar with Spartanburg you can visibly see the transition today verses 2-3 years ago . Of course location matters 馃憣馃従.

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