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Multifamily Portfolio Spartanburg County 1 Multifamily Properties Offered at $4,488,900 CAD in Spartanburg, SC



Investment Highlights
- Turnkey, income-generating portfolio
- Numerous upgrades completed over the past few years
- Upside potential with rents well below market levels
Executive Summary
Klue Real Estate Advisors proudly presents an income producing multifamily portfolio in Spartanburg County that combines stability, scale, and immediate upside—an opportunity rarely available in this fast growing and popular South Carolina market.
A Portfolio Built for Strong, Predictable Cash Flow
The offering includes 20 fully leased units across 11 properties—a mix of seven duplexes, one triplex, and three single family homes strategically located throughout the county. With 100% occupancy and professional management already in place, investors can step into a turnkey operation from day one.
Attractive Pricing With Significant Upside
At an asking price of $3.25 million ($162,500 per unit), the portfolio generated over $205,000 in rental income in 2025. Yet most units remain well below current market rents, with several years passing since the last rent increases. This creates a clear, low friction value add path for the next owner to increase revenue without major repositioning.
Recent Improvements Reduce Risk and Future CapEx
The seller has invested in high quality repairs and upgrades across the portfolio, proactively addressing deferred maintenance and improving long term durability. This reduces near term capital expenditure needs and enhances tenant satisfaction, supporting both retention and rent growth potential.
Flexible Management Options to Maximize Returns
A reputable local property management firm has successfully overseen the portfolio for years and is willing to continue under new ownership. Investors seeking higher margins can also self-manage to reduce operating expenses and further improve returns.
A Portfolio Built for Strong, Predictable Cash Flow
The offering includes 20 fully leased units across 11 properties—a mix of seven duplexes, one triplex, and three single family homes strategically located throughout the county. With 100% occupancy and professional management already in place, investors can step into a turnkey operation from day one.
Attractive Pricing With Significant Upside
At an asking price of $3.25 million ($162,500 per unit), the portfolio generated over $205,000 in rental income in 2025. Yet most units remain well below current market rents, with several years passing since the last rent increases. This creates a clear, low friction value add path for the next owner to increase revenue without major repositioning.
Recent Improvements Reduce Risk and Future CapEx
The seller has invested in high quality repairs and upgrades across the portfolio, proactively addressing deferred maintenance and improving long term durability. This reduces near term capital expenditure needs and enhances tenant satisfaction, supporting both retention and rent growth potential.
Flexible Management Options to Maximize Returns
A reputable local property management firm has successfully overseen the portfolio for years and is willing to continue under new ownership. Investors seeking higher margins can also self-manage to reduce operating expenses and further improve returns.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Net Operating Income |
-
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
Property Facts
| Price | $4,488,900 CAD | Number of Properties | 11 |
| Price / SF | $1,409 CAD / SF | Individually For Sale | 0 |
| Sale Condition | Bulk/Portfolio Sale | Total Building Size | 3,186 SF |
| Sale Type | Investment | Total Land Area | 1.20 AC |
| Status | Active |
| Price | $4,488,900 CAD |
| Price / SF | $1,409 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 11 |
| Individually For Sale | 0 |
| Total Building Size | 3,186 SF |
| Total Land Area | 1.20 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Triplex
660-662-664 Zion Hill Rd, Spartanburg, SC 29307 |
Multifamily | 3,186 SF | 1980 | - |
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Multifamily Portfolio Spartanburg County
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