Oakwood Apartments

Description

Oakwood Apartments is a 13-unit multifamily property located near downtown Spartanburg, South Carolina, offering a balance of residential appeal and urban accessibility. The asset consists primarily of two-bedroom residences featuring spacious layouts, private balconies, and recent interior upgrades including vinyl wood flooring and updated fixtures. These unit characteristics support tenant retention and position the property competitively within the local rental market. Situated in a quiet residential setting with convenient access to downtown dining, retail, and entertainment, the property benefits from both neighborhood stability and proximity to key demand drivers. Functional layouts and consistent upgrades contribute to operational efficiency and sustained tenant appeal. 135 Oakwood Apartments represents a well-positioned small-scale multifamily investment with stable occupancy potential, reliable cash flow, and long-term value in a growing market.

Details

Portfolio Type:

Multifamily

Location:

Spartanburg, SC

Purchase Price:

$1M

Renovation Budget:

IRR:

Equity Multiple (EMX):

Hold Period:

3 years

Refinance Goal:

Summer 2026

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Title Price Status Type Area Purpose Bedrooms Bathrooms