Log In/Sign Up
Your email has been sent.
Spartanburg 20 Property Package 20 Properties Offered at $2,750,000 in Spartanburg, SC
INVESTMENT HIGHLIGHTS
- Value-add opportunity
- Buy & hold opportunity
- 20 homes near downtown Spartanburg
EXECUTIVE SUMMARY
Spartanburg Single-Family Investment Portfolio – 20 Homes Near Downtown
This is a rare opportunity to acquire a portfolio of 20 single-family homes in the heart of Spartanburg, South Carolina. The properties are clustered together just one mile from downtown Spartanburg and one mile from the new Spartanburgers baseball stadium, placing them in a rapidly emerging corridor of growth and development.
Property Highlights
20 total homes located in a tight geographic cluster.
15 homes renovated to “rent-ready” condition with updates including new flooring, HVAC systems, and roofs.
16 homes currently rented, providing strong in-place cash flow.
4 homes in “C” level condition, ideal for value-add improvements.
1 condemned property requiring approximately $75,000 in renovations.
Stable rental demand due to central location and proximity to schools, employers, and entertainment.
Market & Location
Spartanburg is one of the fastest-growing cities in South Carolina, drawing investment and attention from across the Southeast. The county is experiencing significant job growth, fueled by major employers such as BMW, Milliken, and the healthcare and education sectors. Downtown Spartanburg is being transformed by new restaurants, breweries, retail, multifamily developments, and sports venues, with the recently built Spartanburgers stadium acting as a catalyst for further growth.
The portfolio’s location on and near Wesley St. provides residents with quick access to downtown amenities, major highways, and regional job hubs. This immediate area has seen accelerating property values and rental rates, making it well-positioned for both long-term appreciation and immediate rental income.
Investment Opportunity
This package offers multiple investment strategies:
Buy & Hold: Benefit from reliable rental income with 16 homes already leased.
Value-Add: Renovate the remaining homes to increase rents and property values.
Redevelopment Potential: Given the clustering and proximity to downtown, there may be long-term redevelopment opportunities as the area continues to improve.
This is a rare opportunity to acquire a portfolio of 20 single-family homes in the heart of Spartanburg, South Carolina. The properties are clustered together just one mile from downtown Spartanburg and one mile from the new Spartanburgers baseball stadium, placing them in a rapidly emerging corridor of growth and development.
Property Highlights
20 total homes located in a tight geographic cluster.
15 homes renovated to “rent-ready” condition with updates including new flooring, HVAC systems, and roofs.
16 homes currently rented, providing strong in-place cash flow.
4 homes in “C” level condition, ideal for value-add improvements.
1 condemned property requiring approximately $75,000 in renovations.
Stable rental demand due to central location and proximity to schools, employers, and entertainment.
Market & Location
Spartanburg is one of the fastest-growing cities in South Carolina, drawing investment and attention from across the Southeast. The county is experiencing significant job growth, fueled by major employers such as BMW, Milliken, and the healthcare and education sectors. Downtown Spartanburg is being transformed by new restaurants, breweries, retail, multifamily developments, and sports venues, with the recently built Spartanburgers stadium acting as a catalyst for further growth.
The portfolio’s location on and near Wesley St. provides residents with quick access to downtown amenities, major highways, and regional job hubs. This immediate area has seen accelerating property values and rental rates, making it well-positioned for both long-term appreciation and immediate rental income.
Investment Opportunity
This package offers multiple investment strategies:
Buy & Hold: Benefit from reliable rental income with 16 homes already leased.
Value-Add: Renovate the remaining homes to increase rents and property values.
Redevelopment Potential: Given the clustering and proximity to downtown, there may be long-term redevelopment opportunities as the area continues to improve.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $2,750,000 | Number of Properties | 20 |
| Price / SF | $123.95 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 22,186 SF |
| Status | Active | Total Land Area | 0.44 AC |
| Price | $2,750,000 |
| Price / SF | $123.95 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 20 |
| Individually For Sale | 0 |
| Total Building Size | 22,186 SF |
| Total Land Area | 0.44 AC |
PROPERTIES
Show More > < Show Less
1 1
1 of 99
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Plenteous Real Estate Estate LLC
Spartanburg 20 Property Package
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.