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1728 Indian Land Drive, Newberry, SC, 29108
Two-Property Multifamily Portfolio

1728 Indian Land Drive Newberry, SC 29108

For Sale
Contact for pricing

Portfolio includes 73 units across two apartment communities with 2- and 3-bedroom floorplans and new roofs installed in 2021.

Property Size58,550 SF
Price / SF$87.11
Days on Market32

Property Features for 1728 Indian Land Drive

General Information

Standard status
Active
Size
58,550 SF
Property subtype
Multifamily

Building Details

Year Built
1977
Listing Agency: Marcus & Millichap - Charleston
Listed By: Carson Ford · License #139774
Source: Crexi
Added: Jun 22 Changed: Jul 23 Last Checked: Jul 23 at 12:17PM

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 Marcus & Millichap - Charleston


Investment Insights

Based on property information with market context.

Indian Land & Baker Street Apartments is a two-property multifamily portfolio totaling 73 units. Indian Land Apartments includes 53 units and was built in 1974, while Baker Street Apartments includes 20 units and was built in 1977. The communities offer a mix of two-bedroom and three-bedroom floorplans.

The portfolio is located along the I-26 corridor in Upstate South Carolina, with Indian Land Apartments in Newberry and Baker Street Apartments in Whitmire. Both communities received new roofs in 2021.

This offering combines two existing apartment communities with updated exterior roofing, creating a straightforward structure for a new owner evaluating incremental interior and operational improvements.

Key Highlights

  • Portfolio of two apartment communities with 73 total units—53 units in Newberry and 20 units in Whitmire
  • Indian Land Apartments built in 1974 (53 units) and Baker Street Apartments built in 1977 (20 units)
  • Both communities offer a mix of 2‑bedroom and 3‑bedroom floorplans suited to family workforce renters

Property Analytics

Location Intelligence

Current Use by Public Records

Indian Land Apartments Apartment Building

Suggested Use

Real Estate Agency Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Portfolio includes 73 units across two apartment communities with 2- and 3-bedroom floorplans and new roofs installed in 2021.
Where is this apartment building located?
The property is located at 1728 Indian Land Drive Newberry, SC.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: Portfolio of two apartment communities with 73 total units—53 units in Newberry and 20 units in Whitmire; Indian Land Apartments built in 1974 (53 units) and Baker Street Apartments built in 1977 (20 units); Both communities offer a mix of 2‑bedroom and 3‑bedroom floorplans suited to family workforce renters
More about this property
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