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3 Nancy Ln SE, Aiken, SC 29803

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Building Details:

• Year Built: 1967

3 Nancy Ln SE is amulti-family property located in Aiken, SC. The property currently has 1 multi-family space for lease and is marketed by .

Aiken is located in western South Carolina near the Georgia border. It is home to the Univ. of South Carolina Aiken and Aiken Technical College. The city is roughly 18 miles northeast of Augusta, but unlike its neighbor, golf doesn't reign supreme here -- polo does. The heart of the city is its downtown area, a vibrant shopping and dining destination. Designed around cobblestone courtyards with fountains and benches, Downtown Aiken is an inviting place to live. It is home to a variety of art galleries, antique stores, the AECOM Center for the Performing Arts, and top-rated restaurants.

Available Spaces

Suite	Space Type	Pricing	Size
---	Multi-Family Space	For lease: Negotiable
Greenbriar apartments is a 64 unit apartment complex located in the heart of Aiken, SC. All units are approximately 950 square foot and feature 2 bedrooms and 1 bath. Site has 8 buildings of 8 units each and has a swimming pool and clubhouse for an amenity. All units are flats with no townhouse units. One building was built 100% brand new in 2017 after a fire. Rental rates are substantially lower than market rates causing the complex to stay 100% full with 100% collections. Turnover and delinquency are rare. Currently rents range from $575 to $725. A recent market survey revealed little to no units under $1,000 per month in the same area. Tenants pay a charge for renters insurance which management handles direct but tenants pay no reimbursement for water usage. Tenants pay electric. The value-add play here is to increase rents immediately to over $800 with a slight amount of turnover expected. Minor upgrades to units are recommended to be able to generate $900+ rent levels on units that experience turnover. The site is 4.59 acres and has one section that one more building could potentially be added to per the city zoning department. No plans or drawings were ever submitted for a building there but there is enough room for one more building. « show less Greenbriar apartments is a 64 unit apartment complex located in the heart of Aiken, SC. All units are approximately 950 square foot and feature... show more » View Details Greenbriar apartments is a 64 unit apartment complex located in the heart of Aiken, SC. All units are approximately 950 square foot and feature 2 bedrooms and 1 bath. Site has 8 buildings of 8 units each and has a swimming pool and clubhouse for an amenity. All units are flats with no townhouse units. One building was built 100% brand new in 2017 after a fire. Rental rates are substantially lower than market rates causing the complex to stay 100% full with 100% collections. Turnover and delinquency are rare. Currently rents range from $575 to $725. A recent market survey revealed little to no units under $1,000 per month in the same area. Tenants pay a charge for renters insurance which management handles direct but tenants pay no reimbursement for water usage. Tenants pay electric. The value-add play here is to increase rents immediately to over $800 with a slight amount of turnover expected. Minor upgrades to units are recommended to be able to generate $900+ rent levels on units that experience turnover. The site is 4.59 acres and has one section that one more building could potentially be added to per the city zoning department. No plans or drawings were ever submitted for a building there but there is enough room for one more building. Pricing: Negotiable Availability: Now Listing ID: 3226206 Save to list

Multi-Family Space

For lease: Negotiable

Greenbriar apartments is a 64 unit apartment complex located in the heart of Aiken, SC. All units are approximately 950 square foot and feature... show more »

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3 Nancy Ln SE, Aiken, SC 29803

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