280 State Rd Pacolet, SC 29372
This exceptional investment opportunity presents a multifamily apartment building located at 280 McDowell St, Pacolet, South Carolina, 29372. The property, identified as 280 State Rd S-42-86, is situated in Spartanburg County and offers a compelling return on investment. Priced at $3,240,000, this apartment building represents a significant opportunity for acquiring a substantial asset in a growing market. While the exact square footage is currently unavailable, the property's multifamily nature suggests a considerable rental income potential. The address is conveniently located in Pacolet, SC, providing easy access to local amenities and transportation networks. This property is being offered for sale and presents a strong opportunity for investors seeking a stable and potentially high-yielding addition to their portfolio. Further due diligence is encouraged to fully assess the property's potential and confirm all relevant details. The property's location in Spartanburg County, South Carolina, offers a desirable setting for residents, contributing to strong occupancy rates and rental income. This is a turnkey opportunity for immediate income generation and long-term appreciation. Interested parties should act quickly to secure this promising investment. The property is classified as an apartment building and is ready for immediate ownership.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.