122 Wendy Hill Way - Apartments FOR SALE


Piedmont, SC 29673
$2,350,000 USD
910-986-1767
122 Wendy Hill Way, Piedmont, SC for Sale
$2,350,000 USD
Apartments - FOR SALE
1/24
null | 7.13% Cap Rate

122 Wendy Hill Way
Piedmont, SC 29673


HIGHLIGHTS

  • Strong demand for three bedroom units with limited competing inventory in the immediate Piedmont submarket.
  • Proximity to Greenville’s employment base supports long term rental demand and population growth.
  • Fully renovated interiors across all units support immediate cash flow with larger floor plans well positioned for continued tenant demand and natural
  • Located within a growing regional corridor benefiting from continued economic expansion.
  • The comprehensive 2023 renovation program enhances the property’s overall market positioning and appeal.

OVERVIEW

Marcus & Millichap is pleased to present Windy Hill Apartments, a 12 unit multifamily community located in Piedmont, South Carolina. Situated on approximately 1.00 acre, the property consists entirely of spacious three bedroom, two bathroom units built in 1999. The asset underwent extensive renovations and capital improvements in 2023, including full interior upgrades with new cabinets, granite countertops, tile backsplashes, stainless steel appliances, updated lighting, and in unit washer and dryers, as well as exterior and common area enhancements such as a new roof, replumbed PEX system, new windows and shutters, exterior brick paint, parking lot improvements, and the addition of amenities including a dog park, grilling area, fire pit, and covered seating. With limited inventory of larger format rental units in the immediate area, Windy Hill Apartments is well positioned to capture strong demand for well sized housing options while providing residents with a comfortable suburban setting and convenient access to surrounding employment and retail corridors. Piedmont is a growing residential community located within both Anderson and Greenville counties, just a short drive from downtown Greenville, one of the most dynamic economic hubs in the Southeast. Greenville is supported by a diverse economy including manufacturing, healthcare, and professional services, which continues to attract new residents and businesses to the region. Piedmont benefits from this growth while offering a more suburban living environment, making it an appealing option for renters who commute into Greenville for work. The combination of accessibility and steady regional growth positions the Piedmont submarket for continued rental demand.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$163 USD /SF

# OF UNITS

12

PRICE/UNIT

$195,833

CAP RATE

7.13%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Windy Hill Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1999

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

commercial

APN/PARCEL ID

237-00-11-001

ASK ABOUT THIS PROPERTY

Ryan LipomiMarcus & MillichapMore Info
910-986-1767

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Ryan LipomiMarcus & MillichapMore Info
910-986-1767

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.