Hickory Ridge is a 90 unit apartment complex located at 2413 Wade Hampton Boulevard in Greenville, SC. This property is located on Wade Hampton Boulevard and offers easy access to downtown Greenville and all major highways. Hickory Ridge consists of 8 two story buildings. The property offers an attractive unit mix of 32 one bedroom / one bath units, 32 two bedroom / one bath units, 18 two bedroom / one and a half bath units and 8 three bedroom / two bath units. Units are all electric and equipped with central heat and air. Unit amenities include fully equipped kitchens, patios/balconies, playground, pool and 2 laundry facilities. Tenants are responsible for electricity and water and sewer are master metered. All of the buildings are wood framed construction with brick siding and mansard roofs.
Fully rented as of December 2013.12 unit apartment complex consisting of two buildings. There are 7 1BR/1BA units and 5 2BR/1BA units. Rooms rent for as low as $385 per month and as high as $450. Projected gross monthly income - $4,845. All brick, central air, paved parking, wooded lots on each side. 10% CAP (including 10% vacancy and 10% management fees!!!) Good traffic to Wal-Mart makes these units easy to rent. Total electric with separate meters.
Seven (7) income producing properties all close to Downtown Greenville. Owner will sell all properties together or individually. All properties are currently leased. All either brick or vinyl siding.