1929 Bluff Rd - Apartments FOR SALE


Columbia, SC 29201
$2,645,700 USD
843-908-1164
1929 Bluff Rd, Columbia, SC for Sale
$2,645,700 USD
Apartments - FOR SALE
1/4
null | 8.1% Cap Rate

1929 Bluff Rd
Columbia, SC 29201


OVERVIEW

Investment Opportunity: 2024/2025 - fully occupied 100% and rent increases 5-10% from last year. New management with a reputable national brand with an office onsite! USC Student Rental Portfolio Consisting of 9 units: Welcome to an exceptional investment opportunity tailored for buyers seeking a lucrative rental portfolio. This portfolio presents a meticulous collection of nine units exclusively designed to cater to the dynamic lifestyle of USC students. Unit Composition: This portfolio comprises a diverse mix of spacious units, including 5 four-bedroom residences, 3 three-bedroom units, and 1 five-bedroom dwelling, accommodating various student living preferences. Situated within a gated community, these cottages provide a secure and tranquil environment conducive to academic pursuits, just moments away from the vibrant USC campus. Residents enjoy access to an array of amenities, including two shimmering pools, a fully-equipped gym, a welcoming clubhouse, and recreational facilities such as basketball and volleyball courts, fostering a balanced lifestyle. A dedicated shuttle service to campus ensures seamless transportation for students, enhancing accessibility and convenience. Thoughtfully landscaped green spaces provide residents opportunities for relaxation and outdoor activities, promoting a sense of community and well-being. The presence of professional onsite management guarantees a hassle-free investment experience for owners, providing expert oversight and ensuring optimal operational efficiency. Investment Opportunity Package Sale: The sellers are exclusively selling this portfolio as a cohesive package.

FOR SALE DETAILS

PRICE

$2,645,700 USD

PRICE/SF

$183 USD /SF

# OF UNITS

9

PRICE/UNIT

$293,967

CAP RATE

8.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Retreat at Columbia

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2008

PARKING SPACES

-

LAND DETAILS

LAND ACRES

42.95 AC

LAND SF

1,870,902 SF

ZONING

PDR

APN/PARCEL ID

11100-01-14

ASK ABOUT THIS PROPERTY

Kyla BaileyBetter Homes and Gardens Real Estate MedleyMore Info
843-908-1164

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Kyla BaileyBetter Homes and Gardens Real Estate MedleyMore Info
843-908-1164

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.