- For Sale $165,000
- Property Type Multi-Family
- Property Size 2,600 SF
- Units 3
- Lot Size 0.5 Acre
- Date Updated May 8, 2026
Description
±0.20 miles to Hwy 29 South
±0.21 miles to Hwy 28 Bypass
±2.1 miles to Downtown Anderson
Strategically positioned with quick access to major corridors, supporting tenant demand and long-term rental stability.309–311B Drake Circle, Anderson, SC — Value-add, multi-tenant investment opportunity consisting of three separate rental units on approximately ±0.50 acres within Anderson city limits. The asset includes three buildings totaling ±2,600 square feet, each equipped with separately metered power and water, allowing for efficient expense management and tenant accountability.
This property is well-suited for investors seeking multiple income streams within a single, easily manageable location, with upside potential through lease optimization and operational improvements.
311B Drake Circle: ±500 SF
311A Drake Circle: ±800 SF
309 Drake Circle: ±1,300 SF
Highlights
- Efficient Asset Management: Multiple units consolidated on a single parcel
- Flexible Exit Strategies: Suitable for long-term hold, repositioning, or resal
- Multi-Tenant Income Stream: Three separate units providing diversified rental income
- Separately Metered Utilities: Minimizes landlord expenses and maximizes NOI
- Strong Rental Demand Area: Proximity to major highways and downtown Anderson supports occupancy
- Value-Add Opportunity: Potential to increase rents and improve returns through strategic management
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Contacts
Ben Wilson
McCoy Wright
Location
Located at 308-311B Drake Circle, Anderson, SC 29624, this property is part of the Homeland Park neighborhood and Greenville market.
Contact Listing Broker
Ben Wilson
McCoy Wright
