Lake Hartwell Apartments

Property Listing: Multifamily Investment Opportunity

Address:
Lake Hartwell Villas, Westminster, SC

Listing Price:
$2,744,000

Building Type:
Multifamily

Neighborhood Grade:
A

Property Description: Opportunity to acquire 28 gutted townhomes ready for renovation in the scenic foothills of the Appalachian Mountains. Prime location off I-85, with access to regime amenities including a pool, sauna, restaurant, and gym.

Key Details:

• Condition: Vacant, requires renovation.

• Potential Rent: high rents- $1,395 per renovated unit/month.

• Return: Stabilized CAP of 8.84%

• Amenities: Pool, sauna, gym, restaurant.

Investment Highlights:

• Strategic Location: Less than 10 miles from new commercial developments.

• Multiple Exit Strategies: Flexible investment options including long-term rentals, Airbnb, or individual condo sales.

• Growth Area: Proximity to Clemson University and major highways connecting Charlotte to Atlanta.

Challenges:

• Renovation Needed: Complete updates required.

• Financing Complexity: Custom financing solutions available.

My Take:
Ideal for investors seeking a project with high rental potential and multiple strategies for ROI.

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