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Freeman Ranch Apartments 8025 White Horse Rd 84 Unit Apartment Building $23,515,724 ($279,949/Unit) 4.10% Cap Rate Greenville, SC 29617
Investment Highlights
- A 5 minute drive to Furman University and a 15 minute drive to Downtown Greenville.
- Right on White Horse Rd -- a major thoroughfare in the area.
- Located in the fast growing Berea area of Greenville County, SC.
Executive Summary
Freeman Ranch Apartments is an 84-unit apartment complex located in Greenville County. Construction has begun and is on schedule to be completed by Winter of 2026. The price reflects a fully constructed and developed project with a certificate of occupancy from Greenville County. Write an offer now subject to the work being completed before the price goes up as rents increase during construction.
Property Facts
| Price | $23,515,724 | Building Class | B |
| Price Per Unit | $279,949 | Lot Size | 4.19 AC |
| Sale Type | Investment | Construction Status | Under Construction |
| Cap Rate | 4.10% | Building Size | 77,665 SF |
| No. Units | 84 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2026 |
| Property Subtype | Apartment | Parking Ratio | 1.56/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | MF - Multi-Family | ||
| Price | $23,515,724 |
| Price Per Unit | $279,949 |
| Sale Type | Investment |
| Cap Rate | 4.10% |
| No. Units | 84 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 4.19 AC |
| Construction Status | Under Construction |
| Building Size | 77,665 SF |
| No. Stories | 3 |
| Year Built | 2026 |
| Parking Ratio | 1.56/1,000 SF |
| Zoning | MF - Multi-Family |
Amenities
Unit Amenities
- Balcony
- Washer/Dryer Hookup
- Kitchen
- Breakfast Nook
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 24 | $1,195 | 510 |
| 1+1 | 36 | $1,430 | 711 |
| 2+2 | 24 | $1,650 | 927 - 983 |
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Property Taxes
| Parcel Number | B005.02-01-024.00 | Improvements Assessment | $0 |
| Land Assessment | $70,920 | Total Assessment | $70,920 |
Property Taxes
Parcel Number
B005.02-01-024.00
Land Assessment
$70,920
Improvements Assessment
$0
Total Assessment
$70,920
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Freeman Ranch Apartments | 8025 White Horse Rd
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