The Townes @ Summit 1127 Rutherford Rd Immeuble residentiel 30 lots À vendre Greenville, SC 29609

PROPERTY DATA ROOM & WEBSITE: https://www.alinecapital.com/properties/?propertyId=1658097-sale
The Townes @ Summit offers investors the rare opportunity to acquire a largely renovated, low-density townhome community in Greenville's North Main corridor with immediate cash flow, minimal remaining capital needs, and a clear path to increasing rents approximately through continued interior upgrades. Built in 1984, the current ownership has already completed significant interior and exterior capital improvements, creating a largely de-risked investment opportunity for the next owner. While substantial renovations have been completed, investors still have the opportunity to further upgrade unit interiors and continue pushing rents toward market levels of approximately $1,500 per unit.
The property’s infill location provides convenient access to Downtown Greenville, Cherrydale, Wade Hampton Boulevard, and major employment centers throughout the Upstate. Residents benefit from proximity to shopping, dining, healthcare, recreation, and established residential neighborhoods while maintaining more attainable rents than newer downtown and Class A communities. The property’s spacious townhome floorplans, private entrances, and low-density setting further distinguish it from traditional apartment alternatives.
Limited opportunities to develop comparable townhome product within Greenville’s established infill neighborhoods, combined with continued population and employment growth across the Upstate, support longterm rental demand. With substantial renovations already completed and measurable rent upside remaining, The Townes @ Summit offers investors a compelling combination of current income, reduced execution risk, and future NOI growth.