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Glenwood Annex 300 Campbell St 32 Unit Apartment Building For Sale Belton, SC 29627
Executive Summary
Glenwood Annex is a 32-unit workforce housing community located in Belton, South Carolina, a growing submarket positioned between Greenville and Anderson. The property is comprised primarily of two- and three-bedroom units and serves residents seeking affordable rental housing with convenient access to nearby employment centers.
The asset has demonstrated stable historical occupancy and benefits from a straightforward operational profile that appeals to long-term renters. On-site laundry facilities provide tenant convenience and supplemental income potential. Utilities are partially owner-paid, presenting an opportunity for a future owner to evaluate expense efficiencies through utility recovery or conservation initiatives, where feasible.
Glenwood Annex represents an attractive opportunity for a private investor seeking a smaller-scale, stabilized multifamily acquisition with consistent cash flow and limited management complexity in a fundamentally sound workforce housing market.
The asset has demonstrated stable historical occupancy and benefits from a straightforward operational profile that appeals to long-term renters. On-site laundry facilities provide tenant convenience and supplemental income potential. Utilities are partially owner-paid, presenting an opportunity for a future owner to evaluate expense efficiencies through utility recovery or conservation initiatives, where feasible.
Glenwood Annex represents an attractive opportunity for a private investor seeking a smaller-scale, stabilized multifamily acquisition with consistent cash flow and limited management complexity in a fundamentally sound workforce housing market.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
Property Facts
| Sale Type | Investment | Lot Size | 2.92 AC |
| No. Units | 32 | Building Size | 45,812 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1984 |
| Apartment Style | Low-Rise | Parking Ratio | 1.75/1,000 SF |
| Building Class | C |
| Sale Type | Investment |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.92 AC |
| Building Size | 45,812 SF |
| No. Stories | 2 |
| Year Built | 1984 |
| Parking Ratio | 1.75/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 29 | - | 644 |
| 3+1 | 3 | - | 788 |
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Property Taxes
| Parcel Number | 249-03-07-001 | Improvements Assessment | $58,200 |
| Land Assessment | $4,380 | Total Assessment | $62,580 |
Property Taxes
Parcel Number
249-03-07-001
Land Assessment
$4,380
Improvements Assessment
$58,200
Total Assessment
$62,580
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Glenwood Annex | 300 Campbell St
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