1 Gilbert Ct, Greenville, SC 29605

15 Multifamily Properties Offered at $4,685,000 in Greenville, SC

Asking Price $4,685,000

Property Type
Multifamily
Square Feet
25,380 SF

Listing Contacts

Matt Crawford

Property Overview

General Notes:
**additional development opportunity- zoned R-M20 (see notes below)**
Currently all duplexes (#1/2, 3/4, 5/6, etc.) with the exception of 25-29 which is a quad.
The 14 duplexes are all the same footprint, except #9/10 which is larger, and #29/30 & 31/32 which are slightly smaller.
The total price is $4,685,000
The PM confirmed all units are individually metered for water and electricity. They were informed that the wiring is updated and about 90% of the plumbing, but the buyer should confirm with their own inspection. T-12 and P&L statements in docs.
Reno Notes:
LVP throughout, ceiling, walls, and trim painted. New granite countertops. New soft-close cabinets. Stainless Oven/Range, Stainless Microwave with Hood vent, Stainless Refrigerator, Stainless Dish Washer, New Washer, New Dryer, New led light fixtures. Exterior painted. All in 2022.
Gilbert Ct Community Snapshot:
Gilbert Ct under Master Lease Purchase Agreement - 32 duplexes with additional development opportunity- zoned R-M20 with max density of 20 units/acre.
Project Area 6 acres/Max# of Units 120/Site Plan:
(i) Option 1 - 59 Units (32 Duplex+ 27 Townhomes)
(ii) Option 2 - 70 Townhomes
Full engineering study available (developable for additional units, storage, garage or amenities)
4 additional units at Gilbert Ct & more along Montague Rd/Dr are under separate ownership
Value attributed to potential development may vary based on the current cost to build versus the retail price in the market
Leases/Photos/ Etc. - https://www.dropbox.com/scl/fo/pbbwhrt7z11t5eund6qag/h?rlkey=d3z3h746ha942ciafgid2w63k&dl=0

Highlights

  • Greenville SC
  • Entire Community
  • Additional development opportunity
  • Recently Updated

All available spaces

Space
Size
1,644 SF
Space Subtype
Multifamily
Space
Size
1,920 SF
Space Subtype
Multifamily
Space
Size
1,644 SF
Space Subtype
Multifamily
Space
Size
1,644 SF
Space Subtype
Multifamily
Space
Size
1,644 SF
Space Subtype
Multifamily
Space
Size
1,644 SF
Space Subtype
Multifamily
Space
Size
1,644 SF
Space Subtype
Multifamily
Space
Size
1,644 SF
Space Subtype
Multifamily
Space
Size
1,644 SF
Space Subtype
Multifamily
Space
Size
1,644 SF
Space Subtype
Multifamily
Space
Size
1,644 SF
Space Subtype
Multifamily
Space
Size
1,644 SF
Space Subtype
Multifamily
Space
Size
2,688 SF
Space Subtype
Multifamily
Space
Size
1,344 SF
Space Subtype
Multifamily
Space
Size
1,344 SF
Space Subtype
Multifamily

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