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Investment Highlights

  • Strong demand for three bedroom units with limited competing inventory in the immediate Piedmont submarket.
  • Fully renovated interiors across all units support immediate cash flow with larger floor plans well positioned for continued tenant demand and natural
  • The comprehensive 2023 renovation program enhances the property’s overall market positioning and appeal.
  • Proximity to Greenville’s employment base supports long term rental demand and population growth.
  • Located within a growing regional corridor benefiting from continued economic expansion.

Executive Summary

Marcus & Millichap is pleased to present Windy Hill Apartments, a 12 unit multifamily community located in Piedmont, South Carolina. Situated on approximately 1.00 acre, the property consists entirely of spacious three bedroom, two bathroom units built in 1999. The asset underwent extensive renovations and capital improvements in 2023, including full interior upgrades with new cabinets, granite countertops, tile backsplashes, stainless steel appliances, updated lighting, and in unit washer and dryers, as well as exterior and common area enhancements such as a new roof, replumbed PEX system, new windows and shutters, exterior brick paint, parking lot improvements, and the addition of amenities including a dog park, grilling area, fire pit, and covered seating. With limited inventory of larger format rental units in the immediate area, Windy Hill Apartments is well positioned to capture strong demand for well sized housing options while providing residents with a comfortable suburban setting and convenient access to surrounding employment and retail corridors.
Piedmont is a growing residential community located within both Anderson and Greenville counties, just a short drive from downtown Greenville, one of the most dynamic economic hubs in the Southeast. Greenville is supported by a diverse economy including manufacturing, healthcare, and professional services, which continues to attract new residents and businesses to the region. Piedmont benefits from this growth while offering a more suburban living environment, making it an appealing option for renters who commute into Greenville for work. The combination of accessibility and steady regional growth positions the Piedmont submarket for continued rental demand.

Data Room Click Here to Access

Property Facts

Price $3,209,301 CAD
Price Per Unit $267,442 CAD
Sale Type Investment
Cap Rate 6.66%
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.00 AC
Building Size 14,244 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1999/2023
Parking Ratio 1.68/1,000 SF
Zoning commercial - Commercial

Amenities

Unit Amenities

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Courtyard
  • Walking/Biking Trails
  • Maintenance on site
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 12 - 1,187
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
237-00-11-001
Land Assessment
$15,866 CAD
Improvements Assessment
$90,531 CAD
Total Assessment
$106,397 CAD
  • Listing ID: 40226998

  • Date on Market: 2026-04-21

  • Last Updated:

  • Address: 122 Wendy Hill Way, Piedmont, SC 29673

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