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5 Woodland dr
Anderson, SC 29621
Tr 5 Woodland Drive · Terrain À vendre
·
2,00 AC
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Résumé de l'annonce
The property supports a proposed max 20-unit multifamily layout, offering developers an efficient unit count with favorable density, manageable construction scale, and strong projected absorption. The site’s proximity (1.2 miles) to Anderson University one of the fastest-growing private universities in the South (4,500+ students) drives consistent rental demand from students, faculty, staff, and university-related professionals.
Anderson University’s continued expansion, including its newly launched football program, has accelerated enrollment growth, campus investment, and off-campus housing demand. This creates a durable tenant base, and supports above-average occupancy and rent stability relative to the broader Anderson market.
Low basis relative to replacement cost
Scalable +/-20 -unit size suitable for private capital or local syndication
Strong rent drivers tied to university growth and limited nearby multifamily supply
Favorable zoning (RM-10) supporting density for entitlements without a rezoning application
Woodlands Drive offers a residential setting with immediate access to campus, downtown Anderson, and major employment and retail nodes, supporting long-term value appreciation and exit liquidity.
This offering is well-suited for investors seeking development yield, predictable lease-up, and institutional-quality fundamentals at a local-market entry point.
Faits sur la propriété
| Type de vente | Investissement | Sous-type de propriété | Terrain commercial |
| Nombre de lots | 1 | Utilisation proposée | Multi-résidentiel |
| Type de propriété | Terrain | Taille totale du lot | 2,00 AC |
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Utilisation proposée | Multi-résidentiel |
| Taille totale du lot | 2,00 AC |
1 Lot disponible
Lot
| Prix | 410 115 $ CAD | Taille du lot | 2,00 AC |
| Prix par AC | 205 057,51 $ CAD |
| Prix | 410 115 $ CAD |
| Prix par AC | 205 057,51 $ CAD |
| Taille du lot | 2,00 AC |
Offered at $300,000, this 2-acre RM-10 development site on Woodlands Drive in Anderson, SC is a rare multifamily development opportunity in a high-demand rental corridor adjacent to Anderson University. The property supports a propos
Description
Offered at $375,000 ($187,500/acre), this 2-acre RM-10 development site on Woodlands Drive in Anderson, SC is a rare multifamily development opportunity in a high-demand rental corridor adjacent to Anderson University. The property supports a proposed max 20-unit multifamily layout, offering developers an efficient unit count with favorable density, manageable construction scale, and strong projected absorption. The site’s proximity (1.2 miles) to Anderson University one of the fastest-growing private universities in the South (4,500+ students) drives consistent rental demand from students, faculty, staff, and university-related professionals. Anderson University’s continued expansion, including its newly launched football program, has accelerated enrollment growth, campus investment, and off-campus housing demand. This creates a durable tenant base, and supports above-average occupancy and rent stability relative to the broader Anderson market. Low basis relative to replacement cost Scalable +/-20 -unit size suitable for private capital or local syndication Strong rent drivers tied to university growth and limited nearby multifamily supply Favorable zoning (RM-10) supporting density for entitlements without a rezoning application Woodlands Drive offers a residential setting with immediate access to campus, downtown Anderson, and major employment and retail nodes, supporting long-term value appreciation and exit liquidity. This offering is well-suited for investors seeking development yield, predictable lease-up, and institutional-quality fundamentals at a local-market entry point.
