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$ 8,200,000

Est. payment | -/mo

64 Beds

38 Baths

25,600 SqFt

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$ 8,200,000

Est. payment | -/mo

Save Virtual Tour

64 Beds

38 Baths

25,600 SqFt

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 25,600 sqft

Price per Sqft $320

Subdivision Usc

MLS Listing ID 636001

Bedrooms 64

Full Baths 38

Construction Status Resale

Year Built 1930

Property Sub-Type Other

Property Description

Specs: 19 Doors | 64 Beds | 38 Baths | 7 Duplexes | 5 SFD. Portfolio spread out in approx 1 mile radius surrounding University of South Carolina. Financial Snapshot: Yearly Gross Rents: $717,600 | Gross Insurance: $23,819 | 2025 Taxes: $42,401 | 6 properties have a 20 year tax abatement (Bailey Bill) | 9 Cap Rate. Why Invest? Stable Income: Generate $59,800 in monthly gross rents. Leases in place until July 2027. Strategic Location: Close to University of SC, ensuring a steady pool of student tenants. High Demand: Benefit from the consistent demand for student housing over 40,000 student base. Value Appreciation: Potential for property value growth every year. Mix of newer construction and stud rehabs from 2019-2023 Consistent rent increases year over year. Will not subdivide portfolio. No showings until after contract. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Location

State SC

County Richland

Area Columbia - South

Interior

Heating Central, Other

Cooling Central, Other

Exterior

Parking Features Off Street

Garage Spaces 64.0

Pool None

Street Surface Paved

Building

Story 2

Foundation Crawl Space

Sewer Public

Water Public

Structure Type Asbestos,Fiber Cement-Hardy Plank,Vinyl,Wood

Construction Status Resale

Schools

Elementary Schools A.C. Moore

Middle Schools Hand

High Schools Dreher

School District Richland One

Others

Virtual Tour https://my.matterport.com/show/?m=27uQnhsZCSb

Listed by Keller Williams Palmetto

NEARBY SCHOOL & BUSINESS

BUYING MY HOME

Devin Ihme

+1(803) 413-3383

devin@lakesideteam.com

QUICK SEARCH

0 PICADILLY Street Columbia, SC 29201