Octagon House Apartments 101 Woodrow St Immeuble residentiel 13 lots À vendre Laurens, SC 29360

Octagon House pairs a beautifully restored, circa-1860 historic landmark with a modern eight-unit addition built in 2007, creating a fully renovated, 100% occupied 13-unit community in Laurens, South Carolina. The 2025 renovation modernized systems and finishes throughout while preserving the property's signature octagonal structure, standing-seam metal roof, multiple chimneys, and ADA-accessible covered entry. Private balconies, exterior stairways, mature landscaping, and a well-maintained lawn give the community a boutique, residential feel that's hard to replicate — and one that renters have responded to with sustained full occupancy since the renovation was completed.
For a private, high-net-worth investor, Octagon House offers dependable "mailbox money" with minimal hands-on effort: third-party professional management is already in place, the asset is fully stabilized, and current in-place rents of $819 per unit sit roughly 15.7% below the $971 market rate — pointing to a clear, low-risk path to income growth through lease renewals alone. Demand is further supported by a stable, diversified employer base within a five-mile radius, including ZF Transmissions, Walmart Distribution Center, Prisma Health, and Presbyterian College. Octagon House is offered unpriced, while we entertain competitive offers at market value — contact Greysteel today to execute a Confidentiality Agreement and access full underwriting.
Turnkey "Mailbox Money" for the Private Investor — Octagon House is a fully renovated, 100% occupied 13-unit community with third-party professional management already in place, offering a private, high-net-worth buyer dependable passive income with minimal hands-on involvement.
A Historic Asset with Rare Character — A circa-1860 octagonal landmark building, fully renovated in 2025, paired with a modern eight-unit addition built in 2007 — a distinctive, boutique-feel property that stands apart from typical garden-style apartment product.
Outperforming the Submarket, With Room to Grow — 100% occupied versus the ~95% submarket average, with in-place rents of $819/unit sitting 15.7% below the $971 market rent — a clear, low-risk path to income growth through normal lease renewals alone.
Anchored by a Stable, Diversified Employer Base — Located within five miles of major area employers including ZF Transmissions, Walmart Distribution Center, Prisma Health, and Presbyterian College, supporting durable long-term rental demand.