About this property
Waterstone Multi-Housing Advisors is pleased to present Creekside Apartments, a 36-unit complex located in Darlington, SC. This class-A property was built in 1971 and gut rehabbed in 2019. Creekside is comprised of 2 buildings containing 36 units total. Each unit includes brand-new stainless-steel appliances, vinyl plank flooring and stacked washer/dryer. The utilities are separately metered.
Creekside is a stabilized property that has been newly renovated and resides in a quiet beautiful location. The rents are above average than similar assets in this market, however this is the only Class A property within 10 miles. This asset will require minimal capital expenditures upon new ownership.
This property is located less than 1 mile from downtown Darlington and approximately 10 minutes from the headquarters district for Georgia Pacific and Nucor as well as other manufacturing plants.
Darlington, located at the intersection of Highway 401 and Highway 52, is best known for one of the oldest NASCAR venues in the country, Darlington Raceway, which hosts the annual NASCAR Southern 500 race. The town is located 10 miles northwest of Florence and 76 miles northeast of the state capital, Columbia.