Investors are drawn to Spartanburg because of its popular attractions and vibrant cultural scene. The city is home to the progressive Chapman Cultural Center, which offers a range of artistic and cultural experiences. The Spartanburg Art Museum and the Spartanburg Philharmonic Orchestra also enrich the local cultural fabric. The city's economic vitality is anchored by major employers like Spartanburg Regional Healthcare System, which provides a robust foundation for local jobs and healthcare services.
Global manufacturing giants like BMW, whose American production plant is located nearby, boost the area's economic stability. The presence of large employers contributes to the steady job market while attracting a skilled workforce, who in turn, want to live in desirable neighborhoods. Historic districts such as Converse Heights and Hampton Heights offer charming, well-preserved homes with rich architectural details, attracting buyers interested in classic Southern charm. Newer developments nearby in The Cliffs at Glassy provide modern amenities and stunning views, and trend toward higher-end buyers. These varied options ensure that Spartanburg caters to a wide range of preferences and budgets, making it an enticing location for investment properties.