Multifamily Property for Sale in Piedmont, SC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Piedmont, SC 29673

Description

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. Investment 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. • The comprehensive 2023

Market Context

This multifamily in Piedmont, SC is listed for sale. It is offered at an approximate 7.1% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 68 days. Compare it against other multifamily listings for sale in Piedmont, SC — <a href="/search/sale/multifamily/south-carolina/piedmont">view the full market</a>.

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