Multifamily For Sale • 62,400 SF
| Strong Local Growth: Newberry is a quickly-growing community with strong economic and population growth. |
| Occupancy & Cash Flow: The properties are 100% occupied, indicating consistent demand in the current market. |
| Economic Drivers: Manufacturing & Education. Large employers being Caterpillar, Michelin, Trane Technologies, Komatsu, Newberry College and more. |
| Tax Reduction Opportunity: A non-profit partnership could lower the real estate tax liability by up to 75%. |
| The property offers a monthly loss-to-lease upside of $5,560, presenting a clear opportunity to increase revenue through strategic rent adjustments. |
| Assumable Loan: Fannie Mae assumable loan of $2.64m at 5.745% interest rate. |