About Braxton at Woods Lake
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 232-unit Braxton at Woods Lake apartment community located in the emerging Southeast primary market of Greenville, SC. Built in 1997, the property is situated just 3 miles East of downtown Greenville providing residents access to a plethora of retail including Whole Foods, Haywood Mall: the largest indoor mall in South Carolina, high paying jobs (110k+ within 15 minutes), and top-notch education (A rating). The immediate area surrounding the property boasts exceptional demographics with an average household income of $85k and dominant white-collar workforce (63%) further supported by 24% projected rent growth through 2027. Arriving to market achieving premiums up to $250+, Braxton at Woods Lake’s proven value presents new investors an exceptional opportunity to acquire a well-capitalized asset ($2.9M+ in CapEx since 2015). Lagging behind all competitors on a PSF basis, implementing a value-add 2.0 initiative will command the property additional premiums of $215+ to set the property in line with top of market competitors.