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Pine Lake Village
180 South Pine Lake Drive, Spartanburg SC 29306
$ 5,007,770
View Deal Story
Pine Lake Village
180 South Pine Lake Drive, Spartanburg SC 29306
Asset Type
Garden Apartments
Date Sold
June 27, 2019
Price
$ 5,007,770
Per Unit
$ 51,000
Total Units
100
Year Built
1972
Market
Greenville, South Carolina
Deal Highlights
100 units with upside potential in Spartanburg, South Carolina
Positioned as a value-add opportunity with rents trailing the submarket
Strategic sales platform landed aggressive out-of-state buyer
Closed at $51k per unit for 1972-built Spartanburg asset
APARTMENT CORE represented the Seller
Location
Contact
Wayne Braren
Co-Founder
Apartment Core
919-861-9730 x1
Wayne@ApartmentCore.com
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View Bio
Mike Siciliano
Co-Founder
Apartment Core
919-861-9730 x2
Mike@ApartmentCore.com
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View Bio
Eric Pagnozzi
Investment Broker
N Carolina
919-861-9730 x3
Eric@ApartmentCore.com
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View Bio
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