4115 Liberty Highway, Anderson, SC 29621

North Gate Apartments represents a rare opportunity to acquire a stabilized, well-maintained multifamily community in the rapidly growing Upstate South Carolina market. Built in 1981 and family-owned for decades, this 52-unit property offers investors consistent occupancy, strong tenant demand, and value-add potential through modest renovations and operational improvements. Property Summary Units: 52 two-bedroom, one-bathroom apartments (~1,000 sq. ft. each) Total NRA: ~52,000 sq. ft. Buildings: Garden-style layout with pool and common areas Construction: Brick veneer with pitched roofs Years Built: 1979-1981 Rent Roll & Operations Current Rents: $990–$1,255 per unit, depending on floor level Lease Term: Standard 12-month leases Occupancy: Historically strong with low turnover due to desirable location and management practices Income Requirement: Tenants must earn 3x rent with background, credit, and rental history screening—supporting strong tenant quality and reducing … read more …