Multi-Family
Multifamily Development Land - Chester, SC
729 Village Dr, Chester, SC 29706
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to present 729 Village Drive, an 8.99+/- acres multifamily development parcel located in Chester, South Carolina. Situated adjacent to Woodhaven subdivision, a new 262 lot, single family community under construction by D.R. Horton, the Village Drive site is fully entitled for 220 multifamily units. The property provides a unique investment opportunity that is conveniently located near retail, interstates and economic drivers, yet maintains the vintage appeal of a small-town atmosphere with its proximity to historic downtown Chester.
Expected to be one of South Carolina’s fastest growing counties in the coming years, growth in the area is being driven by the migration of Charlotte residents to suburban communities such as Chester, Rock Hill, and Fort Mill. The Village Way development site offers multifamily developers a unique value proposition of a site with entitlements in place that include reduced impact fees for the development tract.
Multifamily Development Land - Chester, SC
Investment Highlights
- Fully entitled site for 220 units.
- Reduced impact fees associated with tract.
- 2.75 miles from MUSC Chester Health Medical Center.
- The development site is within 2.0 miles of multiple retail centers that include Wal-Mart, Food Lion, Tractor Supply, multiple national restaurant chains, national auto chains, banks, local restaurants, and local grocers.
- Less than 20 minutes from the Albemarle Richburg Flex site where Albemarle Corporation will be investing $1.3 billion to build a lithium hydroxide process facility to serve the electric vehicle and lithium-ion battery industries.
Exclusively Listed By
Broker of Record
Financing By
Investment Highlights
- Fully entitled site for 220 units.
- Reduced impact fees associated with tract.
- 2.75 miles from MUSC Chester Health Medical Center.
- The development site is within 2.0 miles of multiple retail centers that include Wal-Mart, Food Lion, Tractor Supply, multiple national restaurant chains, national auto chains, banks, local restaurants, and local grocers.
- Less than 20 minutes from the Albemarle Richburg Flex site where Albemarle Corporation will be investing $1.3 billion to build a lithium hydroxide process facility to serve the electric vehicle and lithium-ion battery industries.
Investment Overview
Marcus & Millichap is pleased to present 729 Village Drive, an 8.99+/- acres multifamily development parcel located in Chester, South Carolina. Situated adjacent to Woodhaven subdivision, a new 262 lot, single family community under construction by D.R. Horton, the Village Drive site is fully entitled for 220 multifamily units. The property provides a unique investment opportunity that is conveniently located near retail, interstates and economic drivers, yet maintains the vintage appeal of a small-town atmosphere with its proximity to historic downtown Chester. Expected to be one of South Carolina’s fastest growing counties in the coming years, growth in the area is being driven by the migration of Charlotte residents to suburban communities such as Chester, Rock Hill, and Fort Mill. The Village Way development site offers multifamily developers a unique value proposition of a site with entitlements in place that include reduced impact fees for the development tract.
Exclusively Listed By
Broker of Record
Financing By
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