Inman Mills, located in Inman, South Carolina was constructed in 1902 for the Chapman Family and operated as a textile mill until closing its doors in 2001. The mill complex includes a large main mill building, which will be completely renovated in Phase 1 and a number of smaller buildings that will be revised at a later date. Phase 1 of the property’s redevelopment will include 150 multifamily units with 210 units at final completion. There will be 1,2,&3 bedroom units. Amenities include: Pool, fitness area, onsite parking, High end kitchen appliances and furnishings & energy efficient components throughout the development.
PROPERTY NAME: Inman Mills
PROPERTY ADDRESS: Spartanburg, South Carolina
LOAN AMOUNT: $11,748,400
LOAN CODE: 221(d)(4)