Spartanburg, South Carolina Affordable properties and positive cashflow! 3-Year Leaseback gives investors 18% cash-on-cash return! For more information, please complete the information request form

Economic Trends in South Carolina

• South Carolina will add 1.1 million new residents in the next decade.
• Ranks 6th in the U.S. for relocating retirees
• To accommodate this growth, South Carolina will need 743,000 new housing units.

About Upstate South Carolina

• On the I-85 Corridor between Atlanta and Charlotte, which has been identified as one of the best investment areas in the United States due to climate, affordability, and job growth.
• Fastest growing region is South Carolina
• One of the fastest growing regions in the eastern United States.
• Has a population of 1.2 million +
• Robust growth in new jobs
• Affordable market with median home price of $144,000.

Why Invest in Upstate South Carolina?

• Affordability
• Instant equity
• Positive cashflow
• Good rental base
• Solid jobs and economy
• Appreciation and growth

The South Carolina Duplexes

• Sq. Ft: 2,440 / 1220 per unit
• Floor Plan: 3 Bedrooms / 2 Bath units
• One Garage Per Unit
• Approximately .25 Acres of Land

Property Description

• 44 duplexes total
• Highly desired school district with new facilities
• New construction for minimal maintenance
• Foundation concrete slabs with steel reinforcement
• Vinyl siding
• Roof has long-life composite shingles
• Central air conditioning with heat
• Concrete driveway for each unit
• Experienced and professional property management service available on site for 8% of rent

Reasons to Invest

• Affordable properties and positive cash flow
• 3-year leaseback gives investors 18% cash-on-cash return
• Leaseback means no vacancies for 3 years!
• Good rental base in an economy with job growth
• Appreciating market: Spartanburg is the 3rd highest appreciating market in the United States.

 

For more information, please complete the information request form.

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Please note that all prices, building costs, interest rates, appreciation rates and terms are subject to change without notice. NREI Club is not responsible for losses, damages, or changes in the market conditions. Investors are urged to perform their own due diligence investigations before entering into any real estate transaction, or other contractual relationship, and prior to making a purchase decision.