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Gibbs Rd

Wellford, SC 29385
  • $14,500,000
  • STATUS: Active
  • ON SITE: 111 Days
  • ID#: 30813340
UPDATED: 66 min ago
$14,500,000
  • 0
    BEDS
  • 24.96
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
County:

School Ratings & Info

Description

Gibbs Farm is a Build to Rent (BTR) Upstate community comprised of 64 units. Each unit is approximately 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. The property lies within Spartanburg County School district #5 which features its own transportation department to serve its students and staff.To date, the management company has been active in the leasing of the community, and 80% of the units have been leased and occupied. The sought-after combination of new construction, affordability, and prime location clearly differentiates Gibbs Farm from nearby competition. This asset was developed by Spartanburg-based Homepire Builders, LLC.

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www.thecassinagroup.com/homes/132149997
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Gibbs Rd Wellford, SC 29385

  • Price: $14,500,000
  • Status: Active
  • On Site: 111 Days
  • Updated: 66 min ago
  • ID#: 30813340
0
Beds
0
Baths
0
½ Baths
24.96
Acres
County:
Spartanburg
Property Description
Gibbs Farm is a Build to Rent (BTR) Upstate community comprised of 64 units. Each unit is approximately 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. The property lies within Spartanburg County School district #5 which features its own transportation department to serve its students and staff.To date, the management company has been active in the leasing of the community, and 80% of the units have been leased and occupied. The sought-after combination of new construction, affordability, and prime location clearly differentiates Gibbs Farm from nearby competition. This asset was developed by Spartanburg-based Homepire Builders, LLC.
Exterior Features

Land Size Min 24.960 Land Size Units Sf

Property Features

Property Status Existing Property Sub Type Duplex/Fourplex Property Type Multi-Family Rentable Sq Ft 1528 Sale Price Min 14500000.00 Sale Terms UndisclosedCash To SellerOther Title Gibbs Farm 64 Units

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