The Corners

Posted: 5/16/2017
SOLD
176 Units
Want to add this to My Listings (or tell us why you're not interested)?
Log In or Register ...

Photos

Slideshow Image
The Corners
Slideshow Image
The Corners
Slideshow Image
The Corners
Slideshow Image
The Corners
Slideshow Image
The Corners
Slideshow Image
The Corners
Slideshow Image
The Corners
Slideshow Image
The Corners
Slideshow Image
The Corners
Slideshow Image
The Corners
Slideshow Image
The Corners
Slideshow Image
The Corners
Slideshow Image
The Corners

About

About The Corners

Offers due:  Thursday, June 22, 2017

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present The Corners, a 176-unit, 1973-built garden apartment community conveniently located in Spartanburg, SC. Situated along the commerce-rich I-85 corridor, Spartanburg is the east anchor of the prolific Upstate region, globally recognized for its massive BMW plant (8,800 employed) and burgeoning high-tech economy. The Corners offers a well-maintained asset with a recent targeted capex program completed that included both asset preservation as well as amenity upgrades. The Corners is ideally situated for completion of the proven in-place value-add program which is obtaining $91 to $97 premiums on average. With 109 units remaining to be renovated, The Corners offers the ability to increase annual NOI by 19%.