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1875 Hayne St
Spartanburg, SC 29301
Arcadia Station Lofts · Multifamily Property For Sale
·
95 Units
Investment Highlights
- Premier Adaptive Reuse Development: A distinctive project blending historic charm.
- Prime Location in a High-Growth Market: Strategically positioned to capitalize on a thriving, rapidly expanding region.
- Strong Market Fundamentals: Supported by robust demographics and a dynamic, high-demand economic landscape.
- Significant Tax Advantages via Bailey Bill: Unlock enhanced cash flow through substantial tax incentives, optimizing financial returns.
- Value-Add Opportunities: Untapped potential for rental rate increases and operational efficiencies to maximize profitability.
- Compelling Seller Financing Terms
Property Facts
| No. Units | 95 | Lot Size | 14.66 AC |
| Property Type | Multifamily | Building Size | 200,000 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 2019 |
| Building Class | B |
| No. Units | 95 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 14.66 AC |
| Building Size | 200,000 SF |
| No. Stories | 2 |
| Year Built | 2019 |
Amenities
Unit Amenities
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Wi-Fi
Site Amenities
- 24 Hour Access
- Clubhouse
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | 893 |
| 2+1 | 24 | - | 1,108 |
| 2+2 | 59 | - | 1,511 |
| 3+2 | 2 | - | 1,510 |
Property Taxes
| Parcel Number | 6-17-00-043.02 | Improvements Assessment | $6,767 |
| Land Assessment | $8,689 | Total Assessment | $15,456 |
Property Taxes
Parcel Number
6-17-00-043.02
Land Assessment
$8,689
Improvements Assessment
$6,767
Total Assessment
$15,456
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