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The Alston 6800 White Horse Rd

96 Unit Apartment Building For Sale Greenville, SC 29611

Investment Highlights

  • New Construction Class-A Asset with Luxury Finishes.
  • Unmatched Proximity to Thousands of Jobs and Major Demand Drivers.
  • Tax Abatement Strategy Available for Eligible Buyers.
  • Favorable Market Fundamentals in Prime Southeastern Region.

Executive Summary

Capstone is pleased to present The Alston, a new construction, luxury Class-A asset located in thriving Greenville, South Carolina. Delivered in 2024 and featuring 96 units with luxury interior finishes, The Alston stands out as a top rental option in the market. Eligible buyers have the opportunity to benefit from South Carolina’s Tax Abatement Strategy, which based on projected taxes, has potential to save over $300,000 in annual tax expenses. Current owners of The Alston have focused on this Tax Abatement Strategy and are continuing the lease-up process in accordance with the guidelines and rent restrictions required to qualify for this tax credit. Additionally, The Alston boasts unmatched proximity to thousands of jobs and major demand drivers, further supported by favorable market fundamentals in this prime southeastern region. With favorable renter demographics, strong multifamily fundamentals, and an exceptional location, The Alston presents an outstanding investment opportunity in Greenville, South Carolina.

Property Facts

Sale Type Investment
No. Units 96
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 6.34 AC
Building Size 92,649 SF
No. Stories 3
Year Built 2024
Parking Ratio 1.75/1,000 SF

Unit Amenities

  • Dishwasher
  • Disposal
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Views

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Pet Play Area
  • Maintenance on site
  • Online Services

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 57 - 647
2+2 39 - 907

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
B013.02-01-010.00
Land Assessment
$81,920
Improvements Assessment
$0
Total Assessment
$81,920

zoning

Zoning Code R-M20 (Residential / Commercial)
R-M20 (Residential / Commercial)
  • Listing ID: 32377190

  • Date on Market: 7/8/2024

  • Last Updated:

  • Address: 6800 White Horse Rd, Greenville, SC 29611

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