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Multifamily

Terrain at Haywood

48 McPrice Ct, Greenville, SC 29615

Listing Price: Request For Offer

Number of Units
96
Occupancy
99.0%
Gross SF
55,872

Investment Overview

Terrain at Haywood presents a unique opportunity for an investor to acquire a recently renovated, stabilized asset that will continue to generate strong cash flows in the years to come. Recently converted from an extended stay community to market rate apartments, the property benefits from an exceptional location in close proximity to I-385 and Haywood Road, one of Greenville’s most popular retail corridors. Current ownership has invested over $2.0 million in interior and exterior renovations to the asset since acquisition. Interior upgrades include vinyl plank flooring, kitchen backsplashes, stainless steel appliances, upgraded lighting and fixtures, granite countertops, upgraded cabinetry, and updated electri-cal, plumbing, and HVAC systems. Exterior improvements include new stair systems, a striking exterior paint package, roofing upgrades, and parking lot/walkway repaving. Finally, a complete overhaul of the amenity package was performed that included the refurbishment of the pool and pool area, updating the leasing office, upgrading the gym, and installation of a new conference room, movie theater, dog washing room, and greenspace devoted to tenant activities. The combination of renovated units, a competitive amenity package, and exceptional location has produced an extremely attractive apartment product that is highly sought after by the surrounding rental community.

Investment Highlights

  • Attractive financing options available to maximize cash flow.
  • Recently renovated asset with demonstrated rental rates at market rate.
  • Desirable location surrounded by retail, Patewood Medical Campus, and commercial economic generators, as well as the Downtown Greenville Executive airport.

Exclusively Listed By

Listing Price: Request For Offer

Number of Units
96
Occupancy
99.0%
Gross SF
55,872

Investment Highlights

  • Attractive financing options available to maximize cash flow.
  • Recently renovated asset with demonstrated rental rates at market rate.
  • Desirable location surrounded by retail, Patewood Medical Campus, and commercial economic generators, as well as the Downtown Greenville Executive airport.

Investment Overview

Terrain at Haywood presents a unique opportunity for an investor to acquire a recently renovated, stabilized asset that will continue to generate strong cash flows in the years to come. Recently converted from an extended stay community to market rate apartments, the property benefits from an exceptional location in close proximity to I-385 and Haywood Road, one of Greenville’s most popular retail corridors. Current ownership has invested over $2.0 million in interior and exterior renovations to the asset since acquisition. Interior upgrades include vinyl plank flooring, kitchen backsplashes, stainless steel appliances, upgraded lighting and fixtures, granite countertops, upgraded cabinetry, and updated electri-cal, plumbing, and HVAC systems. Exterior improvements include new stair systems, a striking exterior paint package, roofing upgrades, and parking lot/walkway repaving. Finally, a complete overhaul of the amenity package was performed that included the refurbishment of the pool and pool area, updating the leasing office, upgrading the gym, and installation of a new conference room, movie theater, dog washing room, and greenspace devoted to tenant activities. The combination of renovated units, a competitive amenity package, and exceptional location has produced an extremely attractive apartment product that is highly sought after by the surrounding rental community.

Exclusively Listed By

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