Status: For Sale
- Area
- 950 ft2
- Bedrooms
- 2
- Half Baths
- 1
- Full Baths
- 1
- Days For Sale
- 40
Location
- Area:Irmo/St Andrews/Ballentine
- City:Columbia
- County:Lexington
- State:SC
- Subdivision: CLOISTERS OF WHITEHALL
- Zip code:29210
Amenities
Description
Investor Alert: Add a high-performing, fully furnished mid-term rental to your portfolio with minimal effort and immediate returns. This 2-bedroom condo is a hands-off, income-generating gem. Highlights: Fully Operational Since March 2025 with Mid-Term Guests in place through January 2026Turnkey Sale – Includes all furniture, décor, linens, appliances, plus washer and dryer; unit also has a new HVAC & new water heater. Minimal Management thanks to extended stays from insurance placements and corporate guests; Mid-Term Rental Friendly – HOA requires 30-day minimum stays. Gross income from March–July: $7,751; Annualized income projection: $23,254; Cap Rate (Cash Purchase): 14.48 Note: This unit was previously appraised for less due to comps from downtown units with inferior finishes, environment, and income potential. Cash buyers are preferred due to this appraisal mismatch. This is a true plug-and-play investment in a stable, high-demand rental niche with great returns and low turnover. An additional unit in the same complex has been fully operational since January and demonstrates the same great returns. It is also available for purchase. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
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