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100 Highland Forest Dr
Greenwood, SC 29646

$2,100,000 USD

Apartments For Sale  •  30,224 SF

Property Details

  • Property Type Apartments
  • Total Building Size 30,224 SF
  • Lot Size 2.51 AC
  • Building Class B
  • Year Built 1980
30 Walk Score

Highlights

Water Billback Upside: Opportunity to implement utility billbacks, reducing inflated water expenses and improving operational efficiency.
Fully Renovated Interiors: All 32 units renovated within the past two years, including $45K in new flooring and $75K in apartment upgrades.
Recent Capital Investment: Over $160K in recent capex spanning unit renovations, HVAC, water heaters, and flooring across the property.
Updated Mechanical Systems: $30K HVAC replacement and $10K in new water heater tanks, reducing near-term capital needs for a new owner.
Strong Roof Life Remaining: 10-year-old roof with substantial useful life remaining, minimizing immediate exterior capital exposure.
Greenwood, SC Location: Positioned in a stable Upstate South Carolina market with consistent demand from local workforce and renters.

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Carson Ford 843-952-2265 Marcus & Millichap
Carson Ford 843-952-2265 Marcus & Millichap