4115 Liberty Hwy
$7,200,000
Price
Studio
Beds
—
Baths
1,000 Sq. Ft.
$7,200 / Sq. Ft.
1,000
Sq. Ft.
$7,200
per Sq. Ft.
Description
North Gate Apartments represents a rare opportunity to acquire a stabilized, well-maintained multifamily community in the rapidly growing Upstate South Carolina market. Built in 1981 and family-owned for decades, this 52-unit property offers investors consistent occupancy, strong tenant demand, and value-add potential through modest renovations and operational improvements. Property Summary
Units: 52 two-bedroom, one-bathroom apartments (~1,000 sq. ft. each)
Total NRA: ~52,000 sq. ft. Buildings: Garden-style...North Gate Apartments represents a rare opportunity to acquire a stabilized, well-maintained multifamily community in the rapidly growing Upstate South Carolina market. Built in 1981 and family-owned for decades, this 52-unit property offers investors consistent occupancy, strong tenant demand, and value-add potential through modest renovations and operational improvements. Property Summary
Units: 52 two-bedroom, one-bathroom apartments (~1,000 sq. ft. each)
Total NRA: ~52,000 sq. ft. Buildings: Garden-style layout with pool and common areas
Construction: Brick veneer with pitched roofs
Years Built: 1979-1981
Rent Roll & Operations
Current Rents: $990–$1,255 per unit, depending on floor level
Lease Term: Standard 12-month leases
Occupancy: Historically strong with low turnover due to desirable location and management practices
Income Requirement: Tenants must earn 3x rent with background, credit, and rental history screening—supporting strong tenant quality and reducing delinquency
Amenities & Features
Community: Swimming pool, courtyard, picnic & grilling areas, ample parking
In-Unit: Washer/dryer hookups, fully equipped kitchens, walk-in closets, cable & internet ready
Utilities: Trash pickup included, tenants responsible for other utilities
Location Advantages
North Gate Apartments sits just off Liberty Highway with immediate access to I-85, connecting Anderson to Greenville, Clemson, and Atlanta. The property is minutes from Anderson’s main retail corridors, grocery stores, dining, and medical services. Employment Drivers: Anderson University, AnMed Health Medical Center, Michelin, Bosch, and Electrolux all provide strong regional employment bases. Education: Zoned to desirable Anderson District 5 schools (North Pointe Elementary, McCants Middle, T. L. Hanna High). Higher Education: Anderson University (5 miles), Tri-County Tech (9 miles), Clemson University (14 miles). Market Strength
Anderson is part of the Greenville-Spartanburg-Anderson CSA, one of the fastest-growing regions in the Southeast. Multifamily fundamentals remain robust with continued in-migration, limited new supply in Anderson proper, and strong rent growth relative to household income. North Gate is positioned as a quality, affordable option within a market where new construction often prices above $1,400+ for similar two-bedroom units. Investment Highlights
Stabilized Asset: 52-unit property with consistent occupancy and cash flow. Affordable Rents: Below-market rents with immediate room for incremental increases. Value-Add Potential: Light renovations (interior updates, amenity upgrades, RUBS program) could enhance NOI. Strong Location: Minutes from I-85, retail, employment, and schools. Institutional Fundamentals: Solid construction, proven tenant demand, long-term ownership history. Conclusion
North Gate Apartments offers investors a well-located, cash-flowing multifamily property in the heart of Anderson, SC. With below-market rents, stable operations, and clear value-add levers, this asset is well positioned to deliver both steady income and long-term appreciation in one of the Southeast’s most dynamic growth corridors.
Units: 52 two-bedroom, one-bathroom apartments (~1,000 sq. ft. each)
Total NRA: ~52,000 sq. ft. Buildings: Garden-style...North Gate Apartments represents a rare opportunity to acquire a stabilized, well-maintained multifamily community in the rapidly growing Upstate South Carolina market. Built in 1981 and family-owned for decades, this 52-unit property offers investors consistent occupancy, strong tenant demand, and value-add potential through modest renovations and operational improvements. Property Summary
Units: 52 two-bedroom, one-bathroom apartments (~1,000 sq. ft. each)
Total NRA: ~52,000 sq. ft. Buildings: Garden-style layout with pool and common areas
Construction: Brick veneer with pitched roofs
Years Built: 1979-1981
Rent Roll & Operations
Current Rents: $990–$1,255 per unit, depending on floor level
Lease Term: Standard 12-month leases
Occupancy: Historically strong with low turnover due to desirable location and management practices
Income Requirement: Tenants must earn 3x rent with background, credit, and rental history screening—supporting strong tenant quality and reducing delinquency
Amenities & Features
Community: Swimming pool, courtyard, picnic & grilling areas, ample parking
In-Unit: Washer/dryer hookups, fully equipped kitchens, walk-in closets, cable & internet ready
Utilities: Trash pickup included, tenants responsible for other utilities
Location Advantages
North Gate Apartments sits just off Liberty Highway with immediate access to I-85, connecting Anderson to Greenville, Clemson, and Atlanta. The property is minutes from Anderson’s main retail corridors, grocery stores, dining, and medical services. Employment Drivers: Anderson University, AnMed Health Medical Center, Michelin, Bosch, and Electrolux all provide strong regional employment bases. Education: Zoned to desirable Anderson District 5 schools (North Pointe Elementary, McCants Middle, T. L. Hanna High). Higher Education: Anderson University (5 miles), Tri-County Tech (9 miles), Clemson University (14 miles). Market Strength
Anderson is part of the Greenville-Spartanburg-Anderson CSA, one of the fastest-growing regions in the Southeast. Multifamily fundamentals remain robust with continued in-migration, limited new supply in Anderson proper, and strong rent growth relative to household income. North Gate is positioned as a quality, affordable option within a market where new construction often prices above $1,400+ for similar two-bedroom units. Investment Highlights
Stabilized Asset: 52-unit property with consistent occupancy and cash flow. Affordable Rents: Below-market rents with immediate room for incremental increases. Value-Add Potential: Light renovations (interior updates, amenity upgrades, RUBS program) could enhance NOI. Strong Location: Minutes from I-85, retail, employment, and schools. Institutional Fundamentals: Solid construction, proven tenant demand, long-term ownership history. Conclusion
North Gate Apartments offers investors a well-located, cash-flowing multifamily property in the heart of Anderson, SC. With below-market rents, stable operations, and clear value-add levers, this asset is well positioned to deliver both steady income and long-term appreciation in one of the Southeast’s most dynamic growth corridors.
- Listed by David Locke • Brokerage DRE #10321 • Western Upstate Keller WilliamP: (864)-940-0575 davidlocke@kw.com
Amenities
- Air Conditioning
- Central AC
- Central Heating
- Communal Pool
- Dishwasher
- Disposal
- Electric Heat
- Electric Oven
LISTING UPDATED: 12/28/2025 08:12 PM
Property Details for 4115 Liberty Highway
| Status | Active |
|---|---|
| MLS # | 20291973 |
| Days on Market | 69 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Condo |
| MLS Type | ResidentialIncome / Apartment |
| Year Built | 1979 |
| County | Anderson County |
Location
Listing Courtesy of Western Upstate Keller William
Add your commute
Building Information for 4115 Liberty Highway
Building/Complex4115 Liberty HwyFloor-Stories2Residences52Pet Policy-Pet Policy DetailsPetRestrictionsYear Built1979
Payment Calculator
$39,840 per month
30 year fixed, 6.28% Interest
Principal and Interest
$35,578
Property Taxes
$4,262
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 4115 Liberty Highway
Summary
Location and General Information
- Area: 108-Anderson County, SC
- City: Anderson
- City Name: Anderson
- County Or Parish: Anderson
- Directions: From I-85 Exit 21, head south on Liberty Hwy/SC-178 toward Anderson. Turn left on Crestview Rd, then right on Reed Rd. North Gate Apartments will be on your left.
- Zip Code: 29621
Taxes and HOA Information
- Parcel Number: 121-03-01-001
School Information
- Elementary school: North Pointe Elementary
- Middle school: Mccants Middle
- High school: Tl Hanna High
Property
Lot Information
- Approximate sqft: 1000.0
- Number of Acres: 3.9
- Number of stories: Two
- Property Sub Type: Apartment
- Property Type: ResidentialIncome
Property and Assessments
- Add endum: North Gate Apartments represents a rare opportunity to acquire a stabilized, well-maintained multifamily community in the rapidly growing Upstate South Carolina market. Built in 1981 and family-owned for decades, this 52-unit property offers investors consistent occupancy, strong tenant demand, and value-add potential through modest renovations and operational improvements. Property Summary Units: 52 two-bedroom, one-bathroom apartments (~1,000 sq. ft. each) Total NRA: ~52,000 sq. ft. Buildings: Garden-style layout with pool and common areas Construction: Brick veneer with pitched roofs Years Built: 1979-1981 Rent Roll & Operations Current Rents: $990–$1,255 per unit, depending on floor level Lease Term: Standard 12-month leases Occupancy: Historically strong with low turnover due to desirable location and management practices Income Requirement: Tenants must earn 3x rent with background, credit, and rental history screening—supporting strong tenant quality and reducing delinquency Amenities & Features Community: Swimming pool, courtyard, picnic & grilling areas, ample parking In-Unit: Washer/dryer hookups, fully equipped kitchens, walk-in closets, cable & internet ready Utilities: Trash pickup included, tenants responsible for other utilities Location Advantages North Gate Apartments sits just off Liberty Highway with immediate access to I-85, connecting Anderson to Greenville, Clemson, and Atlanta. The property is minutes from Anderson’s main retail corridors, grocery stores, dining, and medical services. Employment Drivers: Anderson University, AnMed Health Medical Center, Michelin, Bosch, and Electrolux all provide strong regional employment bases. Education: Zoned to desirable Anderson District 5 schools (North Pointe Elementary, McCants Middle, T.L. Hanna High). Higher Education: Anderson University (5 miles), Tri-County Tech (9 miles), Clemson University (14 miles). Market Strength Anderson is part of the Greenville-Spartanburg-Anderson CSA, one of the fastest-growing regions in the Southeast. Multifamily fundamentals remain robust with continued in-migration, limited new supply in Anderson proper, and strong rent growth relative to household income. North Gate is positioned as a quality, affordable option within a market where new construction often prices above $1,400+ for similar two-bedroom units. Investment Highlights Stabilized Asset: 52-unit property with consistent occupancy and cash flow. Affordable Rents: Below-market rents with immediate room for incremental increases. Value-Add Potential: Light renovations (interior updates, amenity upgrades, RUBS program) could enhance NOI. Strong Location: Minutes from I-85, retail, employment, and schools. Institutional Fundamentals: Solid construction, proven tenant demand, long-term ownership history. Conclusion North Gate Apartments offers investors a well-located, cash-flowing multifamily property in the heart of Anderson, SC. With below-market rents, stable operations, and clear value-add levers, this asset is well positioned to deliver both steady income and long-term appreciation in one of the Southeast’s most dynamic growth corridors.
- Age range: 31-50 Years
- Approximate year built: 1979
- Developer 1 Stright refusal: False
- Owner of record: Northgate Apartments LLC
- Possession: CloseOfEscrow
- Supplement Count: 0
Utilities
- Electric co: Anderson
- Gasco: SeparateMeters
- Utilities On Site: CentralAir, Electric
- Water co: Anderson
Interior and Exterior Features
Exterior Features
- Community amenities: Pool
- Exterior finish: Brick
- Foundations: Slab
Interior Features
- Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
- Heating system type: Central, Electric, Individual
Multi Family
Multi-Family Information
- Number of units: 52
Property History for 4115 Liberty Highway
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Dec 28, 2025 | Listed (Active) WESTERN UPSTATE MLS #20291973 | — | |
| Nov 6, 2025 | Under Contract-No Show WESTERN UPSTATE MLS #20291973 | — | |
| Nov 4, 2025 | Under Contract-Show WESTERN UPSTATE MLS #20291973 | — | |
| Nov 3, 2025 | Under Contract-No Show WESTERN UPSTATE MLS #20291973 | — | |
| Aug 29, 2025 | Listed (Active) WESTERN UPSTATE MLS #20291973 | $7,200,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 12/28/2025 | Listed (Active) WESTERN UPSTATE MLS #20291973 | — |
| 11/06/2025 | Under Contract-No Show WESTERN UPSTATE MLS #20291973 | — |
| 11/04/2025 | Under Contract-Show WESTERN UPSTATE MLS #20291973 | — |
| 11/03/2025 | Under Contract-No Show WESTERN UPSTATE MLS #20291973 | — |
| 08/29/2025 | Listed (Active) WESTERN UPSTATE MLS #20291973 | $7,200,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4115 Liberty Highway
Taxable ValueLand$28,630Additions$274,500Total$303,130
Tax Record2023$51,145 ($4,262 / month)
Home Facts
Total Finished SqFt22,358 SqFtAbove Grade Finished SqFt22,358 SqFtLot Size136,343 SqFtStyleOffice BuildingYear Built1980CountyANDERSONAPN121-03-01-001
Schools near 4115 Liberty Highway
This home is within Anderson 05 School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
North Pointe Elementary School Of Choice PublicPK to 5 | ||
Mccants Middle School Public6 to 8 | ||
T. L. Hanna High School Public9 to 12 | ||
Southwood Academy For The Arts Public6 to 8 |
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 Western Upstate Keller William
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