Alys Mill – 212 Rice Rd

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Address: 212 Rice Rd, Easley, SC 29640, USA
Atlanta & Southeast + Apartment Buildings
Created date: October 21, 2025
Date last updated: April 23, 2026
Price: $7,500,000Investment Analyzer NEW!
  • Project is “shovel ready” (building plans complete/waiting on construction permits)
  • Limited supply of new multifamily in the current development pipeline 
  • Bailey Bill tax abatement projected yield upwards of $4.65M in savings (over 15 yrs)
  • Property approved for Historic & Textile Mill Rehabilitation tax credits (approx. 40% rebate on construction costs)
  • Consistent submarket rental rate growth in recent years
  • Property is on the new, 7.5-mile Doodle Trail (Pickens County Greenbelt Trail)

Property Description

This rare mill redevelopment project represents an extraordinary opportunity for a multifamily developer seeking a high visibility project in a tight submarket. Qualifies for multiple tax credits and is also situated in an Opportunity Zone. To view OM and DD documents, register here.
Location description:Located in Easley, SC, a small town in the Greenville/Spartanburg MSA. Once a depot for a railroad line, Easley now draws families with its quaint downtown, recreational trails, and proximity to Blue Ridge Mountain hiking trails and waterfalls.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $7,500,000
Year Built: 1928
Lot Size: 281,580.00 Sq ft
Opportunity Zone: No
Property Website Click Here
Address: 212 Rice Road, Easley, SC 29640, USA
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