2710 Fair Ave
Newberry, SC 29108
- • The mill was converted to a Mixed Use property in 2011
- • 123 Apartment units, Event spaces, 5200+ SF Retail shops, and the ability
- to add more units.
- • Residential side @ 70% occupancy, Student Housing @ 100%
- • Owner Managed
- • Property is located in an Opportunity Zone
- • Huge value add potential
SVN BlackStream is pleased to present this opportunity to purchase a Mill Conversation in Newberry SC. With incredible upside potential through solar power, tax cuts, and increased master lease rates this is a rare opportunity to own a student housing mill in a growing town. Opportunity to add additional beds as well as complete 3 additional buildings on the property. The property is located in an opportunity zone.
This mill conversation in Located In Newberry. Just a few blocks from Newberry College and Main street Newberry. Incredible growth in both the College and the town of Newberry. Major industries in the area, Kraft Foods, Georgia Pacific and Samsung. The college is experiencing record years of enrollment and the Major Employers are expanding.