$14,500,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$14,500,000 Reduced -$1,000,000
Gibbs Rd
Wellford, SC 29385
  • N/APrice per SqFt
  • N/ASqFt
  • 108Days on Market
  • N/AZoning
  • N/AYear Built
  • Multi-FamilyUse
  • 5-08-00-013.02Tax ID
  • MLS# 30813340
  • Commercial Sales
  • Multi-Family
  • Active

  • Approx Time on Market3 months, 16 days
  • AreaN/A
  • CountySpartanburg
  • SubdivisionN/A


Gibbs Farm is a Build to Rent (BTR) Upstate community comprised of 64 units. Each unit is approximately 1,520 square feet and features 3 bedrooms and 2 bathrooms. Homes include attached single-stall garages, covered front porches, back patios, ground floor private entries, modern finishes, and expansive backyards for a product of this offering.Located between Spartanburg and Greenville, this property provides convenient access to leading retail centers, a variety of entertainment options, and numerous top employers. The property lies within Spartanburg County School district #5 which features its own transportation department to serve its students and staff.To date, the management company has been active in the leasing of the community, and 80% of the units have been leased and occupied. The sought-after combination of new construction, affordability, and prime location clearly differentiates Gibbs Farm from nearby competition. This asset was developed by Spartanburg-based Homepire Builders, LLC.

Building Info

Year Built Date:  2,022


Sale Terms:  Undisclosed, Cash to Seller, Other

Sale Price Max Total:  $14,500,000

Sale Price Min Total:  $14,500,000

Lot Info

Acres:  24.96

Landsize Units:  SF


Property Info

Msa:  Spartanburg

Title:  Gibbs Farm 64 Units

County:  Spartanburg

Property Subtype:  Duplex/Fourplex

Sale / Lease Info

Sqft Info

Size Rentable Sf:  1,528

Tax Info

Courtesy of listing office Lee & Associates - Charleston 

Mortgage Calculator

Dollars per $1000
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Price & Status History (on robertsonhowland.com since Mon, Aug 15th 2022)
  • Original Price: $15,500,000
  • Current Price: $14,500,000
  • Price Reduced: $1,000,000
Date ChangedFromTo
11/16/2022$15,500,000 $14,500,000 Reduced by $1,000,000
Residential, Land, Other Disclaimer:

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