300 Brook Glenn Rd, Taylors, SC 29687
- Commercial real estate
Current Use by Public Records
- Grace & Caleb’s / Apartment Complex
Property Details for 300 Brook Glenn Rd
- Year built
- 1974
- Property type
- Commercial real estate
Description
This exceptional 40-unit apartment building, located at 300 Brook Glenn Rd, Taylors, SC 29687, presents a compelling investment opportunity in Greenville County's thriving Upstate region. The property boasts 32,000 square feet of net rentable space, spread across eight single-story buildings. Completed in 1974 and extensively renovated in 2024, Creekside Apartments offers a stabilized investment with 100% occupancy. Recent renovations included new water and sewer lines, repaved parking lot (80 spaces), new windows throughout, and high-end interior upgrades costing between $18,000 and $30,000 per unit. These improvements provide a stress-free operational environment for the new owner, allowing focus on maximizing cash flow through rent increases. Recent lease renewals show an average rent growth exceeding 5%. The property benefits from its strategic location between Greenville and Greer, SC, providing residents easy access to major employers like BMW and Inland Port Greer, as well as Greenville's retail and lifestyle amenities. With an average household income exceeding $80,000 within a two-mile radius and average monthly rents around $1,050, Creekside Apartments is ideally positioned to benefit from the region's robust job and population growth. The property's attractive basis, well below replacement cost, coupled with competitive agency financing options, makes this a truly bulletproof investment.
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Location Insight
- Map
- Local Demand
- City
- Taylors
- County
- Greenville
- State
- South Carolina
- Longitude
- -82.3111214
- Latitude
- 34.9167088
