Sold
Last Sold Price
318 New Woodruff Rd, Greer, SC 29651
Multi FamilyProperty Type
1.62 acresLot Size
1995Year Built

Description

Great cash flowing investment opportunity with growth potential in Greer, SC! Minutes to downtown Greer, Interstate- 85, BMW Manufacturing facility, and GSP International Airport makes this an extremely desirable location for tenants and investors alike in the middle of path of development! 3 Buildings containing 24 2BR/1.5 multi-family units, 100% occupied @ $500/ month and potential market rent upwards to $575+/month. $144k current Gross income, $96,792 NOI, 7.74% Cap RateGreat cash flowing investment opportunity with growth potential in Greer, SC! Minutes to downtown Greer, Interstate- 85, BMW Manufacturing facility, and GSP International Airport makes this an extremely desirable location for tenants and investors alike in the middle of path of development! 3 Buildings containing 24 2BR/1.5 multi-family units, 100% occupied @ $500/ month and potential market rent upwards to $575+/month. $144k current Gross income, $96,792 NOI, 7.74% Cap Rate
  • Listed by: Joseph Gobbett • Blackstream International RE
Listing closed: 07/29/2016 12:00 AM • Source: Greater Greenville AOR, MLS#: 1305274

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Location

Listing Courtesy of Blackstream International RE

Sold By Blackstream, LLC

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Payment Calculator

$6,875 per month

30 year fixed, 7.03% Interest

Principal and Interest

$5,400

Property Taxes

$1,475

HOA Dues

$0

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Property Information for 318 New Woodruff Road

Property Details
  • Taxes: $17,695 / year
  • MLS Type: Multi-Family / Other
  • Subdivision: None
  • Geo Subdivision: SC
  • Parking Per Unit: Paved Driveway
Building Information
  • Stories: 2
  • Residences: 24
  • Year Built: 1995
  • Lot Size: 1.62 AC / 70,567 SF
Summary
Location and General Information
  • Directions: From Greenville take I-85N, take exit 58, merge onto Brockman-McClimon Rd, Left on Hwy 101 go 2 miles property on Left.
  • In City: Y
Taxes and HOA
  • Tax ID Number: 9041400500
  • Tax Year: 2014
  • Total Taxes: $17,694.89
  • Tax Rate: 6
  • HOA: N
School Information
  • Elementary School: Woodland
  • Middle School: Greer
  • High School: Greer
Property
Lot Information
  • Below Grade Finished Square Feet: 0.0
  • Other Rooms Finished Square Feet: 0.0
  • Total Finished Square Feet: 0.0
  • Total Square Feet: 0.0
  • Approx # of Acres: 1.62
  • Unfinished Rooms Square Feet: 0.0
Property and Assessments
  • Class: Multi-Family
  • Type: Other
  • Approx Age: 11-20
  • Approx Year Built: 1995
  • Enable Schedule It: No
  • Auction: N
  • Documents On File: None
  • Special Finances: None
  • Foundation: Slab
  • Amenities Include: None
Utilities
  • Water: Public
  • Sewer: Public
  • Separate Utility Meters: Electric, Water
Interior and Exterior Features
Exterior Features
  • Roof: Composition Shingle
  • Total Stories: 2
  • Garbage Pickup: Private
  • Exterior Finish: Brick Veneer
Interior Features
  • Heating System: Forced Air
  • Cooling System: Central Forced
  • Water Heater: Electric
Multi Family
Multi-Family Information
  • Total Units: 24
Unit 1
  • Unit 1 Features: Other
Unit 2
  • Unit 2 Features: Other
Unit 3
  • Unit 3 Features: Other
Unit 4
  • Unit 4 Features: Other

Property History for 318 New Woodruff Road

DateEvent & SourcePriceAppreciation
Jul 29, 2016

Closed (Public Record)

Public Record #581597946

$1,011,550

+3.6% / yr

Jul 29, 2016

Closed

Greater Greenville AOR #1305274

$1,011,550—
Dec 4, 2015

Under Contract-No Show

Greater Greenville AOR #1305274

—
DateEvent & SourcePrice
07/29/2016

Closed (Public Record)

Public Record #581597946

$1,011,550

+3.6% / yr

07/29/2016

Closed

Greater Greenville AOR #1305274

$1,011,550
12/04/2015

Under Contract-No Show

Greater Greenville AOR #1305274

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 318 New Woodruff Road

Taxable ValueLand-Additions-Total-
Tax Record2025$2,466 ($206 / month)
Home Facts
Baths36Total Finished SqFt6,966 SqFtAbove Grade Finished SqFt6,966 SqFtStories2Lot Size70,567 SqFtStyleMulti-Family Res (5+ Units)Year Built1995CountySPARTANBURGAPN9-0414-00500

Schools near 318 New Woodruff Road

This home is within Greenville 01 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Woodland Elementary School
PublicPK to 5

Greer Middle School
Public6 to 8

Greer High School
Public9 to 12

J. Harley Bonds Career Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Blackstream International RE

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.