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Multifamily Columbia SC For Sale
Columbia SC multi-family Real Estate for sale. Investment multifamily portfolio properties for sale in Columbia SC. Income-producing real estate for investors looking in and around Columbia South Carolina. Apartment complexes for sale Columbia SC and multi-unit communities & buildings. Below are all the multi-unit, multi-family properties for sale in the Midlands of South Carolina, including Duplex, Triplex, quadplex, mobile home parks, entire buildings & more. Including entire apartments in and around the Columbia area: St Andrews, Lexington, Northeast, Downtown, and surrounding areas.
Multifamily Columbia SC For Sale currently has fifty-one (51) for sale on MLS. Multifamily Columbia SC For Sale listings have an average sales price of $617,260 ranging in price from $125,000 to $8,200,000. The average sq ft home size of Multifamily Columbia SC For Sale Columbia SC is 24,210,790 square feet. The largest property for sale is 1,234,567,890 sqft and smallest 1 sqft. View property listings for sale by price, street, subdivision, age, property type, location, features, size, and listing date, and time on MLS with an of 80 days on the market.
Specs: 75 Beds | 45 Baths | 30,326 sqft 8 Duplexes | 6 SFD. Portfolio spread out in approx 1 mile radius surrounding University of SC. Financial Snapshot: Gross Rents: $703,200 | NOI: $624,358 | Gross Insurance: $19,709 | Gross Taxes: $46,493 | Avg Maintenance: $12,640 | 7 properties have a 20 year tax abatement Bailey Bill | 7.65% Cap Rate. Why Invest? Stable Income: Generate $703,200 in annual gross rents. 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 33,000 student base Value Appreciation: Potential for property value growth every year. Mix of new construction and stud rehabs from 2019-2023 Consistent rent increases year over year.
This is a package sale of 901 Reid St Unit A&B, Newberry, SC and 203 Musgrove St, Clinton, SC. There are a total of 7 units with 18 bedrooms. Newberry property consists of 2 duplexes with a total of 12 bedrooms. There is a current lease with Newberry College for these to be used as student housing. Owner pays utilities. Clinton, SC consists of 3 townhomes. Each townhome is 2 bedroom 2.5 baths. Currently, 2 of the 3 are leased.Owner makes no guarantees, but 100% occupancy may be achieved before closing. No showings without a ratified contract.
Nestled on a sprawling 34 acres, this one-of-a-kind homestead offers a modern farmhouse, 6 additional family homes/investment properties, guest suite, she-shed, 3 hayfields, 3 barns, 6 wells, a hunter's kitchen, and a walk-in cooler. Set back nearly 350’ from McCartha Road, the farmhouse offers refined touches while embracing the charm of country living. Large windows offer abundant natural light showcasing the reclaimed oak flooring and stone fireplace. Cooking for family and friends is a dream in the large gourmet kitchen with Thermador appliances, marble counters, shaker beadboard cabinets, & large island. Guests will gravitate to the sunroom featuring floor-to-ceiling windows and direct access to the pool, multi-level deck, fire pit, & play area. Two additional residences are a short walk from the farmhouse. The 2nd floor of the detached garage is a sunny 1-bedroom/1-bath apartment with all the amenities. Backing up to the pond is a low-maintenance 1-story home ideal for a family member that wants independence but needs to be close. Five additional homes reside in the back of the property (1/3 of a mile away) providing an exceptional opportunity for rental income or housing loved ones. Whether you envision a bed-and-breakfast, guest cottages, or additional rental units, these investment properties offer immense potential. Just 30 minutes from Columbia but miles away from the bustle, this is exactly where you’ll want to be.
THIS IS A PACKAGE SALE OF 2 RENOVATED AND FULLY LEASED DUPLEXES VERY CLOSE TO USC AND 5 POINTS. 602 SALUDA AVENUE AND 1615 HOLLYWOOD DRIVE. BOTH PROPERTIES INCLUDE (TWO) 3 BEDROOM AND 2 FULL BATH UNITS WITH NEWLY RENOVATED KITCHENS THAT INCLUDE GRANITE COUNTERTOPS AND STAINLESS STEEL APPLIANCES. EACH UNIT HAS IN-UNIT WASHER/DRYER. EACH HAVE AMPLE OFF-STREET PARKING. THE PACKAGE INCLUDES 12 BEDROOMS, 8 FULL BATHS WITH MONTHLY RENTS FOR EACH UNIT OF $2400/MONTH AND ANNUAL GROSS RENTS OF $115,200. 3D TOUR ONLINE...NO SHOWINGS UNTIL RATIFIED CONTRACT
LET'S GO GAMECOCKS!!!!!! 8-unit multi-family apartment building located right in the heart of the University of South Carolina neighborhood with easy walkability to 5 Points. Each apartment has a private balcony on the front side, one or more designated parking spaces, and individualized heating and cooling systems. Two units have been converted into successful AirBnBs and are being sold furnished, so your turn-key business is ready to go. Harwood floors in each unit and most units also have a walk-in closet. There is a large storage area under the building that could be converted into a laundry facility or other creative space as well. Built in 1965, this building has stood the test of time and has a bright future ahead with additional room for improvement and rental growth. Consider adding this to your investment portfolio today!
Great potential in an 8 unit apartment property. Two brick quads on one lot. A total of 20 bedrooms and 8 full baths. All new roofs, newly paved parking lot, fencing and security gate, all new windows, and washer & dryer connections in each unit. Building A is fully renovated and Building B quad needs completion of renovations. Building A has beed used for short-term rentals. Total projected rents upon completion of building B of $108,000 per year or $9,000 per month. Cash or Commercial Loans only.
GREAT INVESTMENT steps from USC campus. This property can be sold individually. It is part of a two (2) asset portfolio package which consists of a total of six units - 14 bedrooms and parking for 20 vehicles. See MLS Listing 569735 for the duplex associated with this portfolio. Properties recently renovated with $100,000 in capital improvements. Possibility of adding four additional bedrooms to the portfolio. Renovations in this quad just completed. Was vacant for the reno. Marketing now to lease. Rare opportunity in highly sought after downtown university neighborhood. Walk to campus and Five Points. Surrounded by some of Columbia's finest. AGAIN, this duplex can be purchased separately.
INVESTORS BEST!!!! An over the top restoration of a relic gem from days gone by, this property has exquisite charm nestled among some of the absolute finest homes in downtown Columbia. The owner has totally restored and updated with everything NEW. Plumbing, electrical, foundation, lighting, kitchens, baths....all designer inspired. You absolutely will not find a better investment property in the city. Walk to Five Points and USC. Enjoy the local fine restaurants and shops. Don't miss out.
Gorgeous luxury duplex brick dwelling with ample yard space for endless appeal! Inside there is an open floor plan with pre-finished hardwoods throughout. With soaring ceilings, ceiling fans, and lighting, your space awaits! So many options for you to create and entertain in the kitchen and beyond! There is a generous-sized great room with a gas fireplace for cooler nights! Upstairs there are 3 large bedrooms and 3 baths complete with tile, fixtures, lighting, and vanities! There is also a half bath downstairs! Lots of space to plan for! The possibilities are without end! Consider living where your property works for you! Yes, you can dwell on one side while renting the other side in whatever capacity you choose! There are no HOA fees! This is a must-see with so much of a crisp and clean aesthetic in place! This is the chance to produce an income stream within weeks! With close proximity to USC, Midlands Tech, and Ft. Jackson, what an awesome AIRBNB opportunity! Schedule your viewing today!
GREAT INVESTMENT steps from USC campus with "add value" possibilities. This property is part of a two (2) asset portfolio package which consists of a total of six units - 14 bedrooms and parking for 20 vehicles. HOWEVER this property can be purchased separately. These properties Recently renovated with over $100,000 in capital expenditures. Possibility of adding four additional bedrooms. This property is Currently leased at $900/bedroom. The quad at 1606 Heyward just finished reno and about to market at $800-900/bedroom. Check out MLS 569734. Rare opportunity in highly sought after downtown university neighborhood. Walk to campus and Five Points. Surrounded by some of Columbia's finest homes. AGAIN, this duplex can be purchased separately.
1615-1617 HOLLYWOOD DRIVE - GREAT LOCATION JUST BLOCKS FROM USC. EACH UNIT HAS 3 BEDROOMS AND 2 FULL BATHS AS WELL AS A LARGE LIVING ROOM, MUD ROOM, HARDWOOD FLOORING AND FRONT PORCH. BOTH UNITS HAVE NEW KITCHEN CABINETS, GRANITE COUNTER TOPS AND NEW KITCHEN APPLIANCES. EACH UNIT ALSO HAS FULL SIZE WASHER AND DRYERS. PLENTY OF OFF-STREET PARKING AVAILABLE IN THE REAR OF THE PROPERTY. FULLY LEASED THROUGH SUMMER OF 2024 WITH GROSS YEARLY RENTS OF $57,600.
Mobile home park for sale on Platt Springs road. Excellent location in this fast growing area of Lexington. Currently has 15 homes on site and rented. It sits on +/- 4.02 acres of land zoned for Lexington 1 Schools. It is conveniently located close to shopping, restaurants, schools and only 5 short miles to Interstate 20. Don't miss this great investment opportunity.
Multifamily properties have multiple rental units that produce more cash flow at a faster rate than a single rental unit. Rather than having to buy several single-family rentals over time, you can make more cash flow with the purchase of just one building.
Vacancy
With a multi-unit investment like an apartment building, there are multiple rental units that can be used to offset a loss in rents from vacancy. If 20% of the units are vacant, 80% are still producing income which allows you to cover costs like debt service, property taxes, or other related property expenses.
Economy of scale
The economy of scale is spreading fixed costs over an increased number of units. Property expenses and holding costs relating to an apartment building are typically far less than a portfolio of single-family rental properties because there are multiple units under one roof.
Property taxes, insurance, and management fees are generally fixed and the cost to replace the roof of a single-family home or a small apartment building that has six units under one roof is relatively the same. As the number of rental units increases, income is increased while reducing your cost, making it more cost-effective than multiple single-family rentals.
Cons of investing in apartment buildings
Affordability
The largest downside to investing in apartment buildings is affordability. Multifamily properties can be expensive and require more upfront capital to get started. Investors should expect to have around 20% of the purchase price. There are opportunities to raise capital using multiple resources. This is by far the largest barrier and is often why people invest in single-family properties first.
Management
Managing an apartment building can fall under both pro and con, similar to managing a single-family rental. On one side, you’re managing all of the tenants in one location, typically under one roof. You don’t have to drive all over town. However, there are more tenants and units to maintain and manage, meaning more responsibility, organization, and in general more potential problems. A good and robust management software can help considerably for a well-organized system.
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producing real estate for investors looking in and around Columbia South Carolina. Apartment complexes for sale Columbia SC and multi-unit communities & buildings. Below are all the multi-unit, multi-family properties for sale in the Midlands of South Carolina, including Duplex, Triplex, quadplex, mobile home parks, entire buildings & more. Including entire apartments in and around the Columbia area: St Andrews, Lexington, Northeast, Downtown, and surrounding areas. 
