Apartments For Sale • 42,400 SF
| 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 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Kingstree Amtrak Station (Palmetto - Amtrak, Silver Meteor - Amtrak) | 2 min | 17 min | 0.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 72 |
| Type: | Surface |
| Included in Rent: | Yes |