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Saluda Terrace – 48 Units

601 Juniper Drive


29138

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Property Id : 29663
acres: 4.9
Year Built: 1981
Units: 48
Floors No: 2

About this property

Waterstone Multi-Housing Advisors is pleased to present Saluda Terrace Apartments; a 48 unit garden style property, built in 1981, located in Saluda, SC (approximately 50 miles west of Columbia, SC). This property is comprised of 8 two-story buildings with (8) 1 bedroom/1 bath, (32) 2 bedroom/1.5 bath units and (8) 3 bedroom/2 bath units.

Saluda Trace is a very well maintained, fully stabilized Section 8 property with a significant waiting list. The rents range from $785-$941 and are comparable with other similar comps in this market. 46 of the 48 units are subsidized and many subsidies include utilities.

The town of Saluda is the county seat and sits centrally located in Saluda County. The town can be best described as consistently simple and extremely charming. A small southern town that retains it historical roots and consistent lifestyle and will most likely continue down this path for years to come.

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John Bergin

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