Multifamily Portfolio Spartanburg County Multi-Family FOR SALE


Spartanburg, SC
$3,250,000 USD
864-640-7310
, Spartanburg, SC for Sale
$3,250,000 USD
Multi-Family - FOR SALE
1/15
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Multifamily Portfolio Spartanburg County
Spartanburg, SC


HIGHLIGHTS

  • Turnkey, income-generating portfolio
  • Upside potential with rents well below market levels
  • Numerous upgrades completed over the past few years

OVERVIEW

Klue Real Estate Advisors proudly presents an income producing multifamily portfolio in Spartanburg County that combines stability, scale, and immediate upside—an opportunity rarely available in this fast growing and popular South Carolina market. A Portfolio Built for Strong, Predictable Cash Flow The offering includes 20 fully leased units across 11 properties—a mix of seven duplexes, one triplex, and three single family homes strategically located throughout the county. With 100% occupancy and professional management already in place, investors can step into a turnkey operation from day one. Attractive Pricing With Significant Upside At an asking price of $3.25 million ($162,500 per unit), the portfolio generated over $205,000 in rental income in 2025. Yet most units remain well below current market rents, with several years passing since the last rent increases. This creates a clear, low friction value add path for the next owner to increase revenue without major repositioning. Recent Improvements Reduce Risk and Future CapEx The seller has invested in high quality repairs and upgrades across the portfolio, proactively addressing deferred maintenance and improving long term durability. This reduces near term capital expenditure needs and enhances tenant satisfaction, supporting both retention and rent growth potential. Flexible Management Options to Maximize Returns A reputable local property management firm has successfully overseen the portfolio for years and is willing to continue under new ownership. Investors seeking higher margins can also self-manage to reduce operating expenses and further improve returns.

ASK ABOUT THIS PROPERTY

Chris SchweighartKlue Real Estate AdvisorsMore Info
864-640-7310

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Chris SchweighartKlue Real Estate AdvisorsMore Info
864-640-7310

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