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Multi-Family

Lincoln Drive Multifamily Development

Lincoln Dr, Taylors, SC 29687

Listing Price: $600,000

Lot Size
5.00 acres
Price/Acre
$120,000
Land Type
Land

Investment Overview

Marcus and Millichap is pleased to present the Lincoln Drive Development. This site is 5 acres fully approved for 26 duplexes totaling 52 Units. Similar units that have been built in close proximity. This development will give investors the opportunity to take advantage of a low cost per unit development in the high growth market of Greenville, SC. This is designed and engineered for 2 story, dual master bedrooms with ensuite baths and trayed ceilings, 1,050 sq ft. per unit duplexes. Same units are rented for $1,300 in the immediate vicinity. Seller can build out and is open to possibly JV. It could also be reengineered for a subdivision or other multifamily using the current surveys, water, sewer, etc. Located only 7.5 Miles from Greenville and 95 Miles from Charlotte. Tenants enjoy the convenience of being 3 miles from Target, Lowes, and 4 miles from Walmart on Wade Hampton Blvd. Also, tenants enjoy the short commute of 4 Miles to Pebble Creek Golf Course and 6 miles to Paris Mountain State Park, where they can enjoy hiking, biking, kayaking, and many more outdoor activities.

Investment Highlights

  • 7.5 Miles to Downtown Greenville
  • Proven value with new units developed
  • Approved for 52 units (Duplexes)

Exclusively Listed By

Multi-Family

Lincoln Drive Multifamily Development

Listing Price: $600,000

Lot Size
5.00 acres
Price/Acre
$120,000
Land Type
Land

Investment Highlights

  • 7.5 Miles to Downtown Greenville
  • Proven value with new units developed
  • Approved for 52 units (Duplexes)

Investment Overview

Marcus and Millichap is pleased to present the Lincoln Drive Development. This site is 5 acres fully approved for 26 duplexes totaling 52 Units. Similar units that have been built in close proximity. This development will give investors the opportunity to take advantage of a low cost per unit development in the high growth market of Greenville, SC. This is designed and engineered for 2 story, dual master bedrooms with ensuite baths and trayed ceilings, 1,050 sq ft. per unit duplexes. Same units are rented for $1,300 in the immediate vicinity. Seller can build out and is open to possibly JV. It could also be reengineered for a subdivision or other multifamily using the current surveys, water, sewer, etc. Located only 7.5 Miles from Greenville and 95 Miles from Charlotte. Tenants enjoy the convenience of being 3 miles from Target, Lowes, and 4 miles from Walmart on Wade Hampton Blvd. Also, tenants enjoy the short commute of 4 Miles to Pebble Creek Golf Course and 6 miles to Paris Mountain State Park, where they can enjoy hiking, biking, kayaking, and many more outdoor activities.

Exclusively Listed By

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