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705-770 Jessica Miley Lane Lane

SPARTANBURG, SC 29385
  • $18,000,000
  • STATUS: Closed
  • ON SITE: 397 Days
  • ID#: 31001106
Sold - 12/14/2023
$18,000,000
SOLD - 12/14/2023
  • 0
    BEDS
  • 36.57
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 139,400
    SQFT
  • $0
    $/SQFT
Type:
Commercial
Built:
2022
County:

School Ratings & Info

Description

The Gibbs Farm/Broken Chimney Portfolio is a Build to Rent (BTR) Upstate community comprised of 94 units. Each unit is approximately 1,404-1,520 square feet and features 3 bedrooms and 2 bathrooms. Homes include attached single-stall garages, covered front porches, back patios, ground floor private entries, modern finishes, and expansive backyards for a product of this offering. Located between Spartanburg and Greenville, this property provides convenient access to leading retail centers, a variety of entertainment options, and numerous top employers. To date, the management company has been active in the leasing of the community, and 100% of the units at Gibbs Farm have been leased and occupied. Construction at Broken Chimney is expected to be 100% occupied by the end of June 2023. The sought-after combination of new construction, affordability, and prime location clearly differentiates this BTR portfolio from nearby competition.

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www.thecassinagroup.com/homes/139852071
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705-770 Jessica Miley Lane Lane SPARTANBURG, SC 29385

  • Price: $19,500,000
  • Status: Closed
  • On Site: 397 Days
  • Updated: 166 min ago
  • ID#: 31001106
0
Beds
0
Baths
0
½ Baths
36.57
Acres
139,400
SQFT
$0
$/SQFT
2022
Built
County:
Spartanburg
Property Description
The Gibbs Farm/Broken Chimney Portfolio is a Build to Rent (BTR) Upstate community comprised of 94 units. Each unit is approximately 1,404-1,520 square feet and features 3 bedrooms and 2 bathrooms. Homes include attached single-stall garages, covered front porches, back patios, ground floor private entries, modern finishes, and expansive backyards for a product of this offering. Located between Spartanburg and Greenville, this property provides convenient access to leading retail centers, a variety of entertainment options, and numerous top employers. To date, the management company has been active in the leasing of the community, and 100% of the units at Gibbs Farm have been leased and occupied. Construction at Broken Chimney is expected to be 100% occupied by the end of June 2023. The sought-after combination of new construction, affordability, and prime location clearly differentiates this BTR portfolio from nearby competition.
Property Features

Build To Suit No Current Use Multi-Family Nearest MSA SpartanburgSC Property Sub Type Multi Family Secondary Property Sub Type Multi Family

Listing courtesy of Lee & Associates - Charleston: .
 
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The Cassina Group, LLC
309 Coleman Boulevard
Mount Pleasant SC, 29464