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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
High-rise multifamily apartments
275 Church St Spartanburg, SC 29306-3417
Entity Owned
11-yr Hold
Free & Clear
Property ID
US77-0997130
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
1950
Construction
CONCRETE
Total area
84,080 SF
Lot
0.99 ac (42,907 SF)
APN
7-1214-37000
UPID
US77-0997130
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Todd Barker Golf Golf Instructor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$925k
Owner & transaction history
Lofts & 275 LLC · 11 yrs held
Lofts & 275 LLC
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Spartanburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spartanburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$11 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$31,579
Tax year 2023
Assessed value
$51,750
Assessed 2023
Previous assessed
$51,750
+0.0% YoY
Effective rate
61.02%
On assessed value
Assessed land
$7,794
Assessed improvement
$43,956
Land market value
$129,900
Improvement market value
$732,600
Total market value
$862,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
1950
Construction
CONCRETE
Heating
CENTRAL
Cooling
NONE
Stories
11
Total area
84,080 SF
Lot
0.99 ac (42,907 SF)
APN
7-1214-37000
UPID
US77-0997130
Jurisdiction
SPARTANBURG
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1950
Construction
CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
11
Lot
0.99 ac
Current owner
From public records · entity-resolved
Lofts & 275 LLC
Entity
Free & Clear · 11 yrs held
Mailing address
PO BOX 1347, LAGRANGE, GA 30241-0027
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2020
—
Swi Funds Rei LLC
—
Deed
related
$75,000,000 · Texas Cap Bk
Sep 10, 2018
—
The Lofts At 275 LLC
—
Deed
related
$23,420,000 · Renasant Bank
Aug 29, 2014
—
Lofts & 275 LLC
Green Gables Apartments LLC
Grant Deed
—
Aug 20, 2013
$755,000
Green Gables Apartments LLC
Progressive Consultants LLC
Grant Deed
—
Dec 3, 2012
$750,000
Progressive Consultants LLC
Ib Property Holdings LLC
Grant Deed
—
Oct 26, 2011
$1,400,000
Ib Property Holdings LLC
Cooper,gordon G
Trustees Deed
related
—
Mar 18, 2008
$1,208,468
Polaris Constructors & Dev INC
Schuyler Apartments
Grant Deed
—
Mar 18, 2008
$3,334,000
Schulyer Apartments LLC
Polaris Constructors & Development
Warranty Deed
$2,500,500 · Lehman Brothers Bank Fsb
—
—
Lofts At 275 LLC
—
Deed Of Trust
related
$3,900,000 · Renasant Bk
—
—
Swi Funds Rei LLC
—
Deed Of Trust
related
$75,000,000 · Texas Cap Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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