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Freeman Ranch Apartments 8025 White Horse Rd 84 Unit Apartment Building $32,557,521 CAD ($387,590 CAD/Unit) 4.10% Cap Rate Greenville, SC 29617

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INVESTMENT HIGHLIGHTS

  • A 5 minute drive to Furman University and a 15 minute drive to Downtown Greenville.
  • Right on White Horse Rd -- a major thoroughfare in the area.
  • Located in the fast growing Berea area of Greenville County, SC.

EXECUTIVE SUMMARY

Freeman Ranch Apartments is an 84-unit apartment complex located in Greenville County. Construction has begun and is on schedule to be completed by Winter of 2026. The price reflects a fully constructed and developed project with a certificate of occupancy from Greenville County. Write an offer now subject to the work being completed before the price goes up as rents increase during construction.

PROPERTY FACTS

Price $32,557,521 CAD
Price Per Unit $387,590 CAD
Sale Type Investment
Cap Rate 4.10%
No. Units 84
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 4.19 AC
Construction Status Under Construction
Building Size 77,665 SF
No. Stories 3
Year Built 2026
Parking Ratio 1.56/1,000 SF
Zoning MF - Multi-Family

AMENITIES

UNIT AMENITIES

  • Balcony
  • Washer/Dryer Hookup
  • Kitchen
  • Breakfast Nook

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 24 $1,654 CAD 510
1+1 36 $1,980 CAD 711
2+2 24 $2,284 CAD 927 - 983

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
B005.02-01-024.00
Land Assessment
$118,826 CAD
Improvements Assessment
$0 CAD
Total Assessment
$118,826 CAD
  • Listing ID: 26366064

  • Date on Market: 2022-08-09

  • Last Updated:

  • Address: 8025 White Horse Rd, Greenville, SC 29617

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