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Property profile & analytics
OFF-MARKET
Apartment buildings
408 Abner Rd Spartanburg, SC 29301-1663
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US77-2956918
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1979
Construction
CONCRETE BLOCKS
Total area
2,134 SF
Lot
27.72 ac (1,207,483 SF)
APN
6-1814-00400
UPID
US77-2956918
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
-
The Abner Apartment Complex Apartment Rental Agency
-
Inspired By God Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Abner Apts Owner LP · 1 yrs held
Abner Apts Owner LP
since 2024
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
—
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
$372,703
Tax year 2023
Assessed value
$1,009,278
Assessed 2023
Previous assessed
$1,009,278
+0.0% YoY
Effective rate
36.93%
On assessed value
Assessed land
$55,374
Assessed improvement
$953,904
Land market value
$922,900
Improvement market value
$15,898,400
Total market value
$16,821,300
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1979
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
2,134 SF
Lot
27.72 ac (1,207,483 SF)
APN
6-1814-00400
UPID
US77-2956918
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
1979
Construction
CONCRETE BLOCKS
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
1
Lot
27.72 ac
Current owner
From public records · entity-resolved
Abner Apts Owner LP
Entity
Mailing address
2110 W COUNTY LINE RD JACKSON
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Oct 8, 2024
—
Abner Apts Owner LP
Ahner Apts LP
Limited Warranty Deed
$26,500,000 · Citi Real Estate Funding INC
Mar 8, 2022
$22,464,000
Abner Apts II LLC
Abner Property Owner Llcc
Limited Warranty Deed
$21,250,000 · Fisherbroyles LLP
Dec 7, 2021
—
Abner Property Owner LLC
2017 Iavf Cedar Whispering LLC
Deed
—
May 4, 2020
—
Abner Property Owner 2 LLC
Abner Property Owner LLC
Quit Claim Deed
$61,500,000 · Bryant Pk Com'l R/e Ptrs I LLC
Dec 12, 2019
$14,917,333
Abner Property Owner LLC
2017 Iavf Cedar Whispering LLC
Grant Deed
$61,500,000 · Walker & Dunlop Com'l Prop Fnd
Jun 18, 2018
—
Mary B Mcbrayer
Mcbrayer John W
Quit Claim Deed
related
—
Jul 27, 2017
—
2017 Iavf Cedar Whispering LLC
Cedar Grove Whispering Pines
Quit Claim Deed
$61,030,000 · Wilmington Tr
Mar 10, 2016
$13,050,000
Cedar Grove Whispering Pines
Triangle Real Estate Of Gastonia
Grant Deed
—
Jul 8, 2005
$5,220,000
Triangle Real Estate Of Gastonia In
Tgm Forest Ridge INC
Special Warranty Deed
—
—
—
Abner Property Owner LLC
—
Loan Modification
related
$61,500,000 · Bryant Pk Com'l R/e Ptrs I LLC
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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