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.
OTHER SC MARKETS: GREENVILLE – CHARLESTON – MYRTLE BEACH
MLS Listings Data
| Total Listings: | 12 |
| Average Price: | $480,333 |
| Highest Listing Price: | $1,679,200 |
| Average Days On Market: | 25 |
| Average Price/SqFt: | $134 |
What's YOUR Home Worth?
A rare opportunity to own four charming lake view cottages nestled just far enough away, yet within 10 minutes of amenities beside beautiful Lake Murray at the Lake Murray Resort and Marina (the Old Spinners) location. These are duplexes with two units per cottage. The cottages are filled with Southern charm with features like wood floors, white kitchens and built in beds to accomodate 4-6 people depending on the unit. Washer and dryer included. They always stay full and often are wait listed! Front porch views of the lake and a private setting. Being offered ASIS. Boat slips are avalable for lease ask agent for details!
Investor rental unit package! 9 different income producing properties with a total of 14 separate rental units sold in one package. Many of the units have been completely remodeled including sheetrock, electrical, plumbing, roofs, siding, paint, windows,etc. Two of the duplexes are not rented and have yet to be updated. Four of the unts are single family residences with one of these having the possibility to be a duplex. All units are located in Winnsboro. The monthly rental rates have recently been raised and are $600 each for the duplex units. $725 for the single family homes and $600 for a manufactured home. The total anticipated yearly income for the currently occupied homes is $82,200. That does not include the 4 units that are currently vacant and in need of updates. These would obviously provide the opportunity for increased profits when rented.
Hot MH park in desirable Gilbert, SC.? Most units month to month terms with much needed rent increases.? Owner is retiring.? Stable and growing area with a waiting list for tenants.? 11 units consisting of 10 double wides and 1 single wide.? Tons of unused land in this parcel for future development.? Zoned for great schools that are very close by.? 20 minutes from all Lexington amenities and Lake Murray.? Major employers even closer.? Huge upside to increase rents to market rates.? Owner is tired and tenants have been in place for 10+ years in some cases.? NOI is $67,884 with abundant room to increase rent with very little improvement.
Great Mobile Home Park with 5 Units available for investment opportunity. This park is located on 3.52 acres just outside of the city of Gaston, but still close enough for shopping and schools. It is also located 30 minutes from downtown Columbia and 20 minutes from Columbia airport. This location could be sought after by tenants to occupy this investment. The Park also has room to expand up to 6 more units already approved. Each unit has been renovated and are loaded with upgrades that make these units desirable. Unit 1 (A) is a 4 Bedroom 3-bathroom mobile home with new 4 Ton HVAC system, granite countertops, garden tub, new toilets, new flooring, deck, new roof, deck, and stainless-steel appliances. Unit 2 (B) is a 3-bedroom 2-bathroom mobile home renovated with new Flooring, updated bathrooms, and tiled master bedroom. Unit 3 (C) a 3-bedroom 2-bathroom mobile home, also has been renovated with flooring, stainless steel appliances, granite countertops and a new roof. Unit 4 (D) was completely remodeled into a 4-bedroom 2-bathroom mobile home with new paint, flooring, new windows, master bath remodeled and new roof. Unit 5 (E) is a 3-bedroom 2-bathroom mobile home with granite countertops, new deck, flooring, kitchen cabinets, stainless steel appliances and Master bath. Owning this property will be a great income opportunity, and the added ability to add units in the future. Appointment necessary to view and must contact listing agent. 24-48 hours advanced not
Back on Market! Buyers lending fell through!!! This RARE opportunity is an investors dream. There are a total of 10 occupied units which consists of 9 mobile homes and 1 house. Units 5-10 range from $600-800. Please visit Sheffey Court Mobile Home Community. This is a true generational wealth investment! Rent totals OVER $7,000 a month!!!!! Park owns ALL homes Storage building on site
Income property! Brick house with 2 bedrooms, 1 bath, deck, full fence, hardwood floors, tile in kitchen, dishwasher, disposal, range and refrigerator. Granite counters in kitchen. Leased for $1200 per month. Duplex on property. Each with 1 bedroom and 1 bath. Granite counters in kitchens. Each leased for $600 per month.
GREAT INVESTMENT PROPERTY! In a well sought out location in the City of Manning. Each duplex comes with two bedrooms and two baths (1 full and one 1/2). Nice size living room, kitchen and utility room for storage. Each unit is approximately 1200 sq. ft. Both units share a nice deck for relaxation. Motivated Seller.
Fully occupied duplex located just minutes to USC, Williams Brice, and in the Olympia Neighborhood. Hardwood floors. High ceilings. All kitchens have fridge and stove. Each side has individual washer and dryer connections. Plenty of off street and street parking. Individual electric/gas meters. Owner pays for water/sewer/trash/lawn. Leases are positioned for rent improvements with some property improvements. Professionally managed with full tenant documentation to include leases, ledgers, security deposits, and more! Property is sold-as is, where-is and Buyer to verify ALL information. There are two other multifamily properties being sold that could be sold together as a package deal for $660,000.00. Seller is a licensed real estate agent.
INVESTORS LOOK HERE!!!! This listing features 2 mobile homes that have proven income potential. Unit 1 is a 1568 SqFt, 4-bedroom 2-bath updated Countertops, fans, and new roof. Unit 2 is an 924 SqFt, 3-bedroom 1-bath mobile home that also has updated Granite countertops, new fans and also a new roof. The Lot is 1.98 acres in total. The location is also in Lexington 4 school district. Unit 1 currently rents for $2000 per month and Unit 2 currently rents for $1100 per month. Potential tenants will like the country setting and closeness to shopping, resources and schools. Scoop this deal up before it’s too late. Please contact agent for showings and we request 24-48 hours prior notice.
**BACK ON THE MARKET**Investors Special** TWO rentals for the price of ONE! PACKAGE DEAL: #9B and #9D are sold together for $150,000. Minutes from Costco, Harbison, I-26 and more! New community recently built across the street. NO HOA! 9B is upgraded with laminate and tile flooring, painted cabinets with newer appliances. Each unit has the living room, dining area, kitchen, laundry room, and half bath downstairs. Both bedrooms and a full bath are upstairs. Tenants are responsible for all utilities except sewer ($37/mo each unit). Both units are tenant occupied, 9B - $900/mo and 9D - $550/mo (with potential to be raised). SOLD AS-IS.
Great investment opportunity in Elmwood Park. The partially renovated duplex includes 2 units with 2 bedrooms and 1 bathroom per unit. Countertops in the kitchens have been replaced with granite and new flooring has been installed in the bathrooms. Seller makes no representations or warranties as to property condition. As-is, cash sale only.
Please check with LA before disturbing tenants, they do not know the park is for sale. Sewer system needs updating, please inquiry to listing agent Property is under a Property Management Company One of the trust beneficiaries has an active real estate license in the state of SC No owner financing
A rare opportunity to own four charming lake view cottages nestled just far enough away, yet within 10 minutes of amenities beside beautiful Lake Murray at the Lake Murray Resort and Marina (the Old Spinners) location. These are duplexes with two units per cottage. The cottages are filled with Southern charm with features like wood floors, white kitchens and built in beds to accomodate 4-6 people depending on the unit. Washer and dryer included. They always stay full and often are wait listed! Front porch views of the lake and a private setting. Being offered ASIS. Boat slips are avalable...
Investor rental unit package! 9 different income producing properties with a total of 14 separate rental units sold in one package. Many of the units have been completely remodeled including sheetrock, electrical, plumbing, roofs, siding, paint, windows,etc. Two of the duplexes are not rented and have yet to be updated. Four of the unts are single family residences with one of these having the possibility to be a duplex. All units are located in Winnsboro. The monthly rental rates have recently been raised and are $600 each for the duplex units. $725 for the single family homes and $600 for...
Hot MH park in desirable Gilbert, SC.? Most units month to month terms with much needed rent increases.? Owner is retiring.? Stable and growing area with a waiting list for tenants.? 11 units consisting of 10 double wides and 1 single wide.? Tons of unused land in this parcel for future development.? Zoned for great schools that are very close by.? 20 minutes from all Lexington amenities and Lake Murray.? Major employers even closer.? Huge upside to increase rents to market rates.? Owner is tired and tenants have been in place for 10+ years in some cases.? NOI is $67,884 with abundant room...
Great Mobile Home Park with 5 Units available for investment opportunity. This park is located on 3.52 acres just outside of the city of Gaston, but still close enough for shopping and schools. It is also located 30 minutes from downtown Columbia and 20 minutes from Columbia airport. This location could be sought after by tenants to occupy this investment. The Park also has room to expand up to 6 more units already approved. Each unit has been renovated and are loaded with upgrades that make these units desirable. Unit 1 (A) is a 4 Bedroom 3-bathroom mobile home with new 4 Ton HVAC...
Back on Market! Buyers lending fell through!!! This RARE opportunity is an investors dream. There are a total of 10 occupied units which consists of 9 mobile homes and 1 house. Units 5-10 range from $600-800. Please visit Sheffey Court Mobile Home Community. This is a true generational wealth investment! Rent totals OVER $7,000 a month!!!!! Park owns ALL homes Storage building on site
Income property! Brick house with 2 bedrooms, 1 bath, deck, full fence, hardwood floors, tile in kitchen, dishwasher, disposal, range and refrigerator. Granite counters in kitchen. Leased for $1200 per month. Duplex on property. Each with 1 bedroom and 1 bath. Granite counters in kitchens. Each leased for $600 per month.
GREAT INVESTMENT PROPERTY! In a well sought out location in the City of Manning. Each duplex comes with two bedrooms and two baths (1 full and one 1/2). Nice size living room, kitchen and utility room for storage. Each unit is approximately 1200 sq. ft. Both units share a nice deck for relaxation. Motivated Seller.
Fully occupied duplex located just minutes to USC, Williams Brice, and in the Olympia Neighborhood. Hardwood floors. High ceilings. All kitchens have fridge and stove. Each side has individual washer and dryer connections. Plenty of off street and street parking. Individual electric/gas meters. Owner pays for water/sewer/trash/lawn. Leases are positioned for rent improvements with some property improvements. Professionally managed with full tenant documentation to include leases, ledgers, security deposits, and more! Property is sold-as is, where-is and Buyer to verify ALL information. There...
INVESTORS LOOK HERE!!!! This listing features 2 mobile homes that have proven income potential. Unit 1 is a 1568 SqFt, 4-bedroom 2-bath updated Countertops, fans, and new roof. Unit 2 is an 924 SqFt, 3-bedroom 1-bath mobile home that also has updated Granite countertops, new fans and also a new roof. The Lot is 1.98 acres in total. The location is also in Lexington 4 school district. Unit 1 currently rents for $2000 per month and Unit 2 currently rents for $1100 per month. Potential tenants will like the country setting and closeness to shopping, resources and schools. Scoop this deal up...
**BACK ON THE MARKET**Investors Special** TWO rentals for the price of ONE! PACKAGE DEAL: #9B and #9D are sold together for $150,000. Minutes from Costco, Harbison, I-26 and more! New community recently built across the street. NO HOA! 9B is upgraded with laminate and tile flooring, painted cabinets with newer appliances. Each unit has the living room, dining area, kitchen, laundry room, and half bath downstairs. Both bedrooms and a full bath are upstairs. Tenants are responsible for all utilities except sewer ($37/mo each unit). Both units are tenant occupied, 9B - $900/mo and 9D - $550/mo...
Great investment opportunity in Elmwood Park. The partially renovated duplex includes 2 units with 2 bedrooms and 1 bathroom per unit. Countertops in the kitchens have been replaced with granite and new flooring has been installed in the bathrooms. Seller makes no representations or warranties as to property condition. As-is, cash sale only.
Please check with LA before disturbing tenants, they do not know the park is for sale. Sewer system needs updating, please inquiry to listing agent Property is under a Property Management Company One of the trust beneficiaries has an active real estate license in the state of SC No owner financing
Buying Multifamily
Pros of investing in apartment buildings
More income faster
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.
