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1200 College Pointe Ln
Spartanburg, SC 29303
Fusion Pointe · Multifamily Property For Sale
·
264 Units
PROPERTY FACTS
| No. Units | 264 | Building Size | 221,619 SF |
| Property Type | Multifamily | Average Occupancy | 86% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 2005 |
| Building Class | B | Parking Ratio | 0.56/1,000 SF |
| Lot Size | 6.58 AC | ||
| Zoning | R | ||
| No. Units | 264 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 6.58 AC |
| Building Size | 221,619 SF |
| Average Occupancy | 86% |
| No. Stories | 3 |
| Year Built | 2005 |
| Parking Ratio | 0.56/1,000 SF |
| Zoning | R |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Storage Space
- Washer/Dryer
- Security System
- Kitchen
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Range
- Tub/Shower
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Clubhouse
- Fitness Center
- Picnic Area
- Property Manager on Site
- Tenant Controlled HVAC
- Tanning Salon
- Basketball Court
- Furnished Units Available
- Grill
- Planned Social Activities
- Trash Pickup - Curbside
- Volleyball Court
- Online Services
- Walk-Up
- Smoke Detector
ABOUT 1200 COLLEGE POINTE LN , SPARTANBURG, SC 29303
Waterstone Multi-Family Group is pleased to present College Pointe Apartments – a 72 unit (264 bed) student housing property located in Spartanburg, SC. College Pointe is located, adjacent to the USC Upstate main campus and sports complex, less than 5 minutes from Spartanburg Community College, 10 minutes from Wofford College. It is also easily accessible from I-585, I-85 and lies just 10 minutes from downtown Spartanburg. Property amenities include: 24 Hour Fitness Gym Gated Community Clubhouse TV Lounge Pool Tables / Game Room Swimming Pool Tanning Park Cornhole Court Free Utilities: Free Internet, Free Water/Sewer, Free Electricity, Free Trash service, Free Internet, Free Cable Washer/Dryer Units are Fully Furnished 24-Hour Maintenance College Pointe is a property that offers premier amenities that are competitive with even the newest constructed student projects, with multiple avenues to drive the NOI and generate returns, whether via Management changes, adjustments to utilities, or simply improving the total Economic Vacancy to a level closer to local market averages, all while still offering competitive cap rates based on current performance numbers.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 264 | - | 400 |
PROPERTY TAXES
| Parcel Number | 2-56-00-010.00 | Improvements Assessment | $7,772,900 |
| Land Assessment | $642,000 | Total Assessment | $8,414,900 |
PROPERTY TAXES
