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2900 Reidville Rd
Spartanburg, SC 29301
Willow Lakes · Multifamily Property For Sale
·
95 Units
PROPERTY FACTS
| No. Units | 95 | Building Size | 52,992 SF |
| Property Type | Multifamily | Average Occupancy | 91% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1986 |
| Building Class | C | Parking Ratio | 3.91/1,000 SF |
| Lot Size | 7.00 AC |
| No. Units | 95 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 7.00 AC |
| Building Size | 52,992 SF |
| Average Occupancy | 91% |
| No. Stories | 1 |
| Year Built | 1986 |
| Parking Ratio | 3.91/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Tennis Court
- Smoke Free
- Walk-Up
- Smoke Detector
ABOUT 2900 REIDVILLE RD , SPARTANBURG, SC 29301
Property tours are available upon request. To request a tour please contact Paul Marley at 704-916-7157 or paul.marley@cushwake.com. The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present Willow Lakes, a 95-unit, 1986-built garden apartment community conveniently located in Spartanburg, SC. Situated along the commerce-rich I-85 corridor, Spartanburg is the east anchor of the prolific Upstate region, globally recognized for its massive BMW plant (8,800 employed) and burgeoning high-tech economy. Willow Lakes also offers direct access to I-26, granting residents an easy commute to the area???s top employment centers and retail nodes. With rental rates trailing the submarket average by more than $230 and all units on the property remaining to be renovated, Willow Lakes presents a promising opportunity to boost annual NOI 68% through an interior value-add initiative.
PROPERTY TAXES
| Parcel Number | 6-24-00-019.00 | Improvements Assessment | $355,320 |
| Land Assessment | $22,680 | Total Assessment | $378,000 |
PROPERTY TAXES
