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INVESTMENT HIGHLIGHTS
- 6,300 SF across 3 buildings (built 1965 & 1990, remodeled 1990 & 2022). Zoned R-6, strong rental income. Prime opportunity in a thriving market.
- Prime location with growth potential—ideal for investors!
EXECUTIVE SUMMARY
Seize the opportunity to invest in Spartanburg’s booming rental market with a well-positioned multifamily portfolio located less than five minutes from downtown. Residents will enjoy unparalleled access to a thriving cultural and entertainment scene, featuring diverse dining, boutique shopping, and a vibrant nightlife. Additionally, the properties’ proximity to esteemed institutions like Wofford College and Converse University makes them highly desirable for students, faculty, and professionals.
Outdoor enthusiasts will appreciate nearby Cleveland Park and Hatcher Garden & Woodland Preserve, offering scenic green spaces for relaxation and recreation. Adding to the area’s appeal, Fifth Third Park, a state-of-the-art baseball stadium, is set to open in April 2025 as part of Project Core, a $425 million mixed-use development. This transformative project will introduce a hotel, rooftop bar, office spaces, modern apartments, and a lively public plaza—enhancing Spartanburg’s economic and social landscape.
With close proximity to one of the most significant investments in Spartanburg’s history, these properties offer investors a lucrative opportunity to capitalize on Spartanburg’s ongoing growth, ensuring strong rental demand and long-term appreciation potential.
Outdoor enthusiasts will appreciate nearby Cleveland Park and Hatcher Garden & Woodland Preserve, offering scenic green spaces for relaxation and recreation. Adding to the area’s appeal, Fifth Third Park, a state-of-the-art baseball stadium, is set to open in April 2025 as part of Project Core, a $425 million mixed-use development. This transformative project will introduce a hotel, rooftop bar, office spaces, modern apartments, and a lively public plaza—enhancing Spartanburg’s economic and social landscape.
With close proximity to one of the most significant investments in Spartanburg’s history, these properties offer investors a lucrative opportunity to capitalize on Spartanburg’s ongoing growth, ensuring strong rental demand and long-term appreciation potential.
PROPERTY FACTS
| Price | $961,789 CAD | Number of Properties | 2 |
| Price / SF | $151.22 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 7% | Total Building Size | 6,360 SF |
| Sale Type | Investment | Total Land Area | 0.61 AC |
| Status | Active |
| Price | $961,789 CAD |
| Price / SF | $151.22 CAD / SF |
| Cap Rate | 7% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 6,360 SF |
| Total Land Area | 0.61 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 664-666 S Liberty St, Spartanburg, SC 29306 | Multifamily | 3,200 SF | 1965 | - |
| 425 Arch St, Spartanburg, SC 29301 | Multifamily | 3,160 SF | 1990 | - |
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8 Unit Multi-Family Portfolio
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