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825 Tomlinson St
Kingstree, SC 29556

Price Upon Request

Apartments For Sale  •  42,400 SF

Property Details

  • Property Type Apartments
  • Total Building Size 42,400 SF
  • Lot Size 4 AC
  • Building Class C
  • Year Built 1970
0 Transit Score
32 Walk Score

Highlights

Value-Add Opportunity Through an Organic Rental Increase Will Immediately Increase Net Operating Income Providing New Ownership a Stable Asset
$1.5 Million in Capital Improvements Over the Last 3 Years Including Interior Improvements, Exterior Improvements, New Paint, Replacement of HVACs
Exceptional Assumable Loan That Expires in 2033 With a Fixed Rate of 6.02% and 38 Months Remaining of Interest-Only Period
Minimal Deferred Maintenance Providing New Ownership a Well Maintained Asset
Favorable Unit Mix For All Tenant Profiles Consisting of 1, 2, 3, and 4 Bedroom Units
Rents Can Be Raised Organically By an Average of Nearly $150/Unit Based on Nearby Comparable Properties

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Waterfront
  • Heating
  • Smoke Free
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Kingstree Amtrak Station (Palmetto - Amtrak, Silver Meteor - Amtrak) 2 min 17 min 0.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 72
Type: Surface
Included in Rent: Yes