Glenwood Annex is a 32-unit workforce housing community located in Belton, South Carolina, a growing submarket positioned between Greenville and Anderson. The property is comprised primarily of two- and three-bedroom units and serves residents seeking affordable rental housing with convenient access to nearby employment centers.
The asset has demonstrated stable historical occupancy and benefits from a straightforward operational profile that appeals to long-term renters. On-site laundry facilities provide tenant convenience and supplemental income potential. Utilities are partially owner-paid, presenting an opportunity for a future owner to evaluate expense efficiencies through utility recovery or conservation initiatives, where feasible.
Glenwood Annex represents an attractive opportunity for a private investor seeking a smaller-scale, stabilized multifamily acquisition with consistent cash flow and limited management complexity in a fundamentally sound workforce housing market.