Pine Lake Village

180 South Pine Lake Drive, Spartanburg SC 29306

Pine Lake Village

180 South Pine Lake Drive, Spartanburg SC 29306
ASSET TYPEGarden Apartments
PRICE$ 5,500,000
PRICE PER UNIT$ 55,000
TOTAL UNITS100
OCCUPANCY96%
YEAR BUILT1972
MARKETGreenville, South Carolina
STATUSAvailable

Investment Highlights

● 100 units by downtown Spartanburg, South Carolina with lots of upside (located between Greenville SC and Charlotte NC)

● Opportunity to boost NOI through completion of a value-add initiative, with current rents trailing the submarket

● Located in South Carolina's thriving "Upstate" region, surrounded by growth industries such as automotive, logistics, engineering, healthcare and education

● Spartanburg's economy is on a major upswing, spurred by BMW, GE Energy, Michelin and the Inland Port

● Downtown Spartanburg is experiencing a major revival including extensive renovations and revitalization of buildings, restaurants, businesses and events

Offering Materials

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Contact Info

Mike Siciliano

919.861.9730 x2
Mike@ApartmentCore.com