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825 Tomlinson St
Kingstree, SC 29556

$3,050,000 USD

Apartments For Sale  •  42,400 SF

Property Details

• Property Type Apartments
• Total Building Size 44,452 SF
• Lot Size 4 AC
• Building Class C
• Year Built 1970
• Cap Rate 8.75 %

30 Walk Score

Highlights

All 48 units recently renovated – completed January 2025, including new roofs and HVAC

48-unit workforce housing community approximately 94% occupied

Current average rent of approximately $832 per month across diverse unit mix

8.75% in-place cap rate; 9.12% stabilized cap rate at $3,050,000 list price

All 7 buildings received a new roof in the past year with all new HVAC units

Limited new multifamily supply supports continued demand for workforce rental housing

Cap Rate:

8.75 %

Amenities

• 24 Hour Access
• Microwave
• Tenant Controlled HVAC
• Smoke Free
• Kitchen
• Refrigerator
• Oven
• Range
• Tub/Shower
• Online Services
• Walk-Up
• Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
	2 min	17 min	0.9 mi

Parking Details

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