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Executive Summary
Northmarq is pleased to present Kitson Mill Garden Multifamily Development, ±14.5 acre site located at 700 Kitson Street in Greenwood, South
Carolina. The Site features a 296-unit garden style multifamily opportunity as part of a Master Planned Community consisting of an additional 36 loft
apartments and over 40,000 SF of Commercial/Office/Retail, which will be completed separately by the Master Planned Community builder. Conveniently
located adjacent to downtown Greenwood and ½ mile from Lander University, the site offers excellent connectivity to major highways and represents a
compelling opportunity to serve a growing need of housing for traditional multifamily renters and unmet student housing demand in one of the Upstate’s most
underserved and growth-ready corridors. The opportunity benefits from the South Carolina Textile Mill Tax Credit and potential FILOT agreements, offering a
combination of upfront equity generation and long-term property tax relief to improve returns and overall project economics.
Carolina. The Site features a 296-unit garden style multifamily opportunity as part of a Master Planned Community consisting of an additional 36 loft
apartments and over 40,000 SF of Commercial/Office/Retail, which will be completed separately by the Master Planned Community builder. Conveniently
located adjacent to downtown Greenwood and ½ mile from Lander University, the site offers excellent connectivity to major highways and represents a
compelling opportunity to serve a growing need of housing for traditional multifamily renters and unmet student housing demand in one of the Upstate’s most
underserved and growth-ready corridors. The opportunity benefits from the South Carolina Textile Mill Tax Credit and potential FILOT agreements, offering a
combination of upfront equity generation and long-term property tax relief to improve returns and overall project economics.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 14.50 AC |
| Zoning | PD | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 14.50 AC |
| Zoning | PD |
1 Lot Available
Lot
| Lot Size | 14.50 AC |
| Lot Size | 14.50 AC |
1 1
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700 Kitson St - Kitson Mill Lofts
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