Multifamily
Watermere Place Luxury Townhomes
300 Watermere Dr, Spartanburg, SC 29303
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap is pleased to present Watermere Place Luxury Townhomes, a unique 15-unit residential community situated on 9.57 acres conveniently located in Spartanburg, South Carolina. Built in 1987, this collection of two-bedroom town homes offers a blend of modern comfort and scenic living, ideal for tenants in a rapidly expanding region. Current ownership has completed renovations on wo units allowing a new owner to continue the business plan by renovating the remaining 13 units and develop additional units on the parcel.
Watermere Place Luxury Townhomes
Investment Highlights
- Recent Renovations: Appliances, Counter tops, Flooring, Paint.
- Prime Location: Adjacent to Spartanburg Technical College, 15 minutes away from Wofford and Converse.
- Development: New ownership can build 10+ additional units.
- Solid Employment Base: Proximity to major employers such as BMW and Amazon creating consistent tenant demand, reducing vacancy risk.
- Growing Market Dynamics: Spartanburg's development and economic growth make it one of South Carolina's most promising investment markets, with rental rates expected to rise steadily over the coming years.
Exclusively Listed By
Listing Price: Request For Offer
Investment Highlights
- Recent Renovations: Appliances, Counter tops, Flooring, Paint.
- Prime Location: Adjacent to Spartanburg Technical College, 15 minutes away from Wofford and Converse.
- Development: New ownership can build 10+ additional units.
- Solid Employment Base: Proximity to major employers such as BMW and Amazon creating consistent tenant demand, reducing vacancy risk.
- Growing Market Dynamics: Spartanburg's development and economic growth make it one of South Carolina's most promising investment markets, with rental rates expected to rise steadily over the coming years.
Investment Overview
Marcus & Millichap is pleased to present Watermere Place Luxury Townhomes, a unique 15-unit residential community situated on 9.57 acres conveniently located in Spartanburg, South Carolina. Built in 1987, this collection of two-bedroom town homes offers a blend of modern comfort and scenic living, ideal for tenants in a rapidly expanding region. Current ownership has completed renovations on wo units allowing a new owner to continue the business plan by renovating the remaining 13 units and develop additional units on the parcel.
Exclusively Listed By
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