141 Sandifer Road, Spartanburg, SC 29303
MULTI_FAMILY - Spartanburg, SC
Property Features for 141 Sandifer Road
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The property encompasses almost 1 acre at 141 Sandifer Road in Spartanburg, South Carolina. Public water and septic service are in place, providing a defined utility configuration for the multifamily property.
Key Highlights
- 2,986‑square‑foot duplex with two four‑bedroom residences
- Double garage serving each unit, plus driveway parking
- Each residence places the primary bedroom on the main level and three bedrooms upstairs
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.1k | $13.44 |
| − Vacancy | −$2.0k | −$0.67 |
| EGI | $38.1k | $12.77 |
| − OpEx | −$11.4k | −$3.83 |
| NOI | $26.7k | $8.94 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 29303, SC
Market
Vacancy Rate% for Multifamily in South region