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Spartanburg 5 Portfolio

Posted: 7/26/2023
747 Units
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Hidden Park
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Hidden Park
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Hidden Park
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Hidden Park
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Hidden Park
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Hidden Park
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Pine Lake Village
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Pine Lake Village
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Pine Lake Village
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Pine Lake Village
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Pine Lake Village
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Pine Lake Village
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Pine Lake Village
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Quail Pointe
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Quail Pointe
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Quail Pointe
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Quail Pointe
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Quail Pointe
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Quail Pointe
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Southern Pines
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Southern Pines
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Southern Pines
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Southern Pines
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Southern Pines
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Southern Pines
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Southern Pines
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Southern Pines
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Willow Lakes
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Willow Lakes
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Willow Lakes
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Willow Lakes
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Willow Lakes
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Willow Lakes
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Willow Lakes

About

About Spartanburg 5 Portfolio

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 747-unit Spartanburg Value-Add Portfolio, which can be acquired together or individually. The five assets are situated in one of South Carolina’s most admired cities. The highly sought-after submarkets are characterized by globally recognized employers, top-tier retail, award winning school districts, and seamless connectivity via I-85 to major economic drivers. Immediate areas surrounding the properties boast high average household incomes, dominant white-collar populations, and impressive rent growth, representing the ideal time to own in this booming pocket of Upstate South Carolina. The properties offer an outstanding opportunity to gain immediate scale, infrastructure, and create efficiencies in a high growth Southeastern market. Built from 1972-1986, the portfolio arrives to the market primed for a Class-A value-add campaign projecting average premiums of $200-$250.