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Sales Summary

Sales Price: $1,200,000
Cap Rate: 7
No of Buildings: 2
Parcel Size Acres: 1 ac
Parcel Size SF: 43,560 sf

Investment Highlights

• Apartment building located within five minutes of the University of South Carolina and Midlands
Technical College
• Located within two (2) miles of downtown Columbia and 3 miles of Fort Jackson Military Base
• Contains ample on site parking and street parking along Hope Avenue
• Located in a highly demanded rental market – Thousands of students looking to rent off-campus
every year
• Both buildings are located directly behind a Publix anchored shopping center
• Some apartments have newer upgrades

Property Summary

Property Type: Investment
Building Size: 6,804 sf
Construction: Brick
Year Built: 1970
Stories: 2
Parking Spaces: Ample; 3 Parking lots included w/ the property
Amenities: Washer/dryer available, granite countertops, upgraded kitchen appliances, new carpet/flooring
Annual Rent: $150,960
No of Buildings: 2
Parcel Size Acres: 1