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Investment Portfolio

Listing was updated on: 11/22/2019
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Property Overview

Price/Rent PSF $ 1,200,000.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 36,000
Date Available 11/22/2019
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Description

Location
Residential area close to retail and office in Orangeburg, SC. Centrally located and all in same general area. Many of units are in the Edisto School District which is highly sought after.

Sale
Package consists of 36 units. 1 unit is a vacant stick built house in bad shape and 1 is a vacant lot. 16 are space renters, 8 are RTO home and land, 5 units are very nice rentals. 3 units are RTO home and 2 units are RTO land. RTO units pay a reimbursement for taxes and insurance. Each lot is fee simple and has its own parcel number and can be sold separately if desired. Most units have been renovated. There is a first mortgage for around 200k that can be assumed and is a private non-recourse note. Landlord pays no utilities.

Location

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