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Garden-Style Apartment Community
For Sale
Contact for pricing
Pending

200 Libby Ln, Lexington, SC 29072

48-unit multifamily community near Lake Murray, regional employment centers, and Sunset Boulevard retail.

Property SizeContact for details
Days on Market141

Property Features for 200 Libby Ln

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Road Access Yes
Multifamily Units 48

Building Details

Construction garden-style
Listing Agency: Northmarq
Listed By: Dane Lozier · License #CA
Source: Crexi
Added: Apr 13 Changed: Aug 29 Last Checked: Aug 31 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq

Investment Insights

Based on property information with market context.

Sweetbriar Apartments is a 48-unit garden-style multifamily community at 200 Libby Ln in Lexington, South Carolina. The property includes a partially renovated unit base, with 15% of apartments completed, creating a defined renovation component within the existing community. The asset also qualifies for South Carolina’s multifamily tax abatement program.

The community is positioned just off Sunset Boulevard, with access to Lake Murray, Riverbanks Zoo, and retail along the corridor. More than 129k jobs are reachable within a 25-minute commute, including employment in healthcare, education, and state government. The surrounding Lake Murray submarket has one property under construction and no proposed properties within 5 miles. Market projections call for 17% rent growth over the next 5 years.

Key Highlights

  • 48‑unit garden‑style apartment community
  • 15% of units have been renovated
  • Eligible for South Carolina’s multifamily tax abatement program

Property Analytics

Current Use

Sweetbriar Apartments Apartment Building

Suggested Use

Top Pick Electrical Service HVAC Service Barber Shop (Bike/Boat/Book/etc) Store Catering Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

48
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

749
Businesses Nearby

Demographics for 29072, SC

65,060
Population
26,951
Households
2.4
Avg Household Size
39
Median Age
48%
College-Educated
96%
High-School Grad
68.0 sq mi
ZIP Area
957
Density / Sq Mi
$103,415
Median Household Income
$55,500
Median Earnings
$1,317
Median Rent
$304,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 48-unit multifamily community near Lake Murray, regional employment centers, and Sunset Boulevard retail.
Where is this apartment building located?
The property is located at 200 Libby Ln Lexington, SC.
What are key features of this property?
This property features: 48‑unit garden‑style apartment community; 15% of units have been renovated; Eligible for South Carolina’s multifamily tax abatement program
More about this property
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