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1738 12th St 10 Unit Apartment Building $1,776,642 CAD ($177,664 CAD/Unit) 7.54% Cap Rate Cayce, SC 29033
Investment Highlights
- Heavy Daytime Traffic
- Busy Intersection
- Central Location
Executive Summary
An EXCITING investment opportunity: the occupied 10 UNIT apartment complex is in a prime Columbia location. 1738 12th street will elevate your investment portfolio! The renovated apartments are centrally located in West Columbia, offering convenient access to restaurants, shops, breweries, coffee shops, highways, USC, and downtown Columbia. The property boasts new roofs and HVAC units on all buildings, and each unit features two bedrooms. With a current rental rate of $1250 per unit, this opportunity allows you to sit back, collect rent, and maintain an exceptional property in a highly desirable area.
Property Facts
| Price | $1,776,642 CAD | Apartment Style | Townhome |
| Price Per Unit | $177,664 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.60 AC |
| Cap Rate | 7.54% | Building Size | 10,000 SF |
| No. Units | 10 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1987/2022 |
| Zoning | Multi-Family - Multi-Family | ||
| Price | $1,776,642 CAD |
| Price Per Unit | $177,664 CAD |
| Sale Type | Investment |
| Cap Rate | 7.54% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 10,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1987/2022 |
| Zoning | Multi-Family - Multi-Family |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Washer/Dryer Hookup
- Ceiling Fans
- Granite Countertops
- Refrigerator
- Range
- Carpet
- Deck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 10 | - | 1,000 |
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 005765-02-030 | Improvements Assessment | $38,467 CAD |
| Land Assessment | $12,309 CAD | Total Assessment | $50,776 CAD |
Property Taxes
Parcel Number
005765-02-030
Land Assessment
$12,309 CAD
Improvements Assessment
$38,467 CAD
Total Assessment
$50,776 CAD
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1738 12th St
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