Magnolia Ridge

Posted: 5/16/2017
SOLD
84 Units
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Magnolia Ridge
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Magnolia Ridge
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Magnolia Ridge
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Magnolia Ridge
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Magnolia Ridge
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Magnolia Ridge
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Magnolia Ridge
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Magnolia Ridge
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Magnolia Ridge
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Magnolia Ridge
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Magnolia Ridge

About

About Magnolia Ridge

Offers due:  Tuesday, June 27, 2017

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the exclusive listing of Magnolia Ridge, a niche 84-unit garden apartment community located in Gaffney, SC. The property is strategically located in close proximity to historic downtown Gaffney and the nationally recognized Limestone College. The property is uniquely positioned in a market with minimal competition and an encouraging value-add story - offering a stable, cash-flowing investment with promising upside. With current rents trailing the submarket by $69, implementation of a value-add program would increase annual NOI by over 33%.