2015 Old Mountain Creek Rd - Apartments FOR SALE


Greenville, SC 29609- North Greenville
$2,880,000 USD
864-232-9040
2015 Old Mountain Creek Rd, Greenville, SC for Sale
$2,880,000 USD
Apartments - FOR SALE
1/4
null | 6.45% Cap Rate

2015 Old Mountain Creek Rd
Greenville, SC 29609
North Greenville


OVERVIEW

Property Overview Mountain Creek Apartments is a 24-unit multifamily community strategically positioned in the North Greenville submarket of Greenville, SC. The property offers a mix of 1-, 2-, and 3-bedroom units in a value-oriented rental segment, providing affordable and flexible living options with strong demand drivers given its proximity to local amenities and major thoroughfares. Investment Highlights • Stable Workforce Housing Asset: A 24-unit community suited for affordable and workforce demographics, offering resilient occupancy in a growing Greenville rental market. • Diverse Unit Mix: Combination of 1-3 bedroom floorplans (~800-1,000 sq ft) appealing to singles, families, and shared living setups. • Affordable Rent Positioning: Current base rents typically range from approximately $995 – $1,450+ / month, competitively priced relative to area comparables. • Tenant-Focused Programs: Participation in NOAH Property Management’s resident programs (e.g., Flex Pay, Deposit Alternatives, Positive Credit Reporting) enhances tenant appeal and occupancy potential. • Convenient Location: Easy access to local parks, shopping, dining, and major travel routes supports resident lifestyle needs and broadens market draw.

FOR SALE DETAILS

PRICE

$2,880,000 USD

PRICE/SF

$133 USD /SF

# OF UNITS

24

PRICE/UNIT

$120,000

CAP RATE

6.45%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mountain Creek Apartments

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

PARKING SPACES

63

LAND DETAILS

LAND ACRES

1.9 AC

LAND SF

82,764 SF

ZONING

RM

APN/PARCEL ID

P031.00-01-011.03

ASK ABOUT THIS PROPERTY

Trey SnellingsNAI Earle Furman LLCMore Info
864-232-9040

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Trey SnellingsNAI Earle Furman LLCMore Info
864-232-9040

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