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Updated over 7 years ago on . Most recent reply
#5 Investor Mindset Contributor
- Investor
- Greenville, SC
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downtown Greenville SC rental market softening
#5 Investor Mindset Contributor
- Investor
- Greenville, SC
Is anyone noticing softening in the downtown Greenville SC rental market (maybe in the $1000-1400 rental range)? There are more units on market in the 29609 area code than I have ever seen and days on market appear to be going way up. All the new apartment inventory could be the culprit and there is more coming online. I am not close enough to the market anymore now though; so, very open to your feedback...let me know what you are experiencing with your properties.
Most Popular Reply
Hey Mike,
I of course have not bought in Greenville but I do know a guy who attends our REI meeting who manages properties downtown has been having more difficulty getting units rented due to the new apartments having a lot more amenities than the condos he is offering. Again, take that for what its worth !