For Sale

Listed by Andrew Frederick from Foothills Property Group, LLC

Source: Greater Greenville Association of Realtors #1550483

3A Cely Lane, Powdersville, SC, 29673

$2,450,000

12
8
4748 sq. ft.
43560 sq. ft.

Apartment

30+ days on the market

What's around 3A Cely Lane

About this property

Additional information in attached flyer, including Rent-Roll, TTM, Proforma, and additional property information. Property is a 12 unit apartment building. Excellent turn-key opportunity. Fully renovated, stabilized and occupied with in place management able to stay on board with below market rates. Conveniently located to Greenville’s downtown, I-85 and local amenities. Current landlord has been able to achieve strong rents and occupancy. Additional sources of income include internet service provided by Spectrum, resident benefit package by Second Nature, and pet rent. Potential upside for new owner by increasing rent at renewals, adding storage and increasing internet fees and resident benefit package fees. Greenville, SC has won numerous awards for its quality of life and stunning downtown including #4 Best Place to Live by US News and World Report. Renovation List: Exterior: -Replumbed entire building with PEX -Replaced all windows and shutters -Replaced roof with architectural shingle roof -Painted exterior brick -Installed new landscaping Common Areas: -Seal coated parking lot and restriped -Added dog park -Added grilling area, fire pit and covered tables -Added dumpster enclosure Interior: -New granite countertops -New cabinets -Added tile backsplash -New stainless-steel appliances -Added new washer / dryers -New light fixtures -Painted all units

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