100 Springdale Dr - Apartments FOR SALE


Clinton, SC 29325
$1,100,000 USD
864-979-8852
100 Springdale Dr, Clinton, SC for Sale
$1,100,000 USD
Apartments - FOR SALE
1/9
null | 5.37% Cap Rate

100 Springdale Dr
Clinton, SC 29325


HIGHLIGHTS

  • Near 100 Percent Occupancies! Quick Lease Up of Any Vacancies.
  • Low Maintenance Brick and Vinyl Exteriors! Little if Any Deferred Maintenance.
  • Desirable College View area of Clinton, SC. Clinton is also home of Presbyterian College.

OVERVIEW

After 21+/- years of profitable ownership, this landlord has decided to retire, presenting a rare opportunity for the new, small apartment owner. These 11 units are comprised of one HUGE 3 BR, 2 bath unit, six LARGE 2 BR, 2 bath units, & four BIG 1 BR, 1 bath units. The 3 BR unit is approximately 1200 square feet! The 2 BR units are approximately 1000 square feet, & 1 BR are approximately 800 square feet. Two buildings, both single story. 35 Year roof is about 10 years old. Low maintenance, vinyl & masonry exterior. The building was built in 1982 on a 2`+/- acre lot. Per Owner, this site has been approved for up to 16 additional units! Confirm with Tim Douglas Cell: 864.200.4515, Office: 864.833.7517. Located one-half block S.W. of Hwy 76, @ Hwy 72/221/76 bypass. Minutes to I-385 & I-26 at exit #54. The dimensions, rental fees, and prime location of these units have resulted in consistently full occupancy. Close to Presbyterian College, Piedmont Technical, Lander University, interstate Highways, & ample employment. Laurens County TMS 901-32-01-005

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$100 USD /SF

# OF UNITS

11

PRICE/UNIT

$100,000

CAP RATE

5.37%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Springdale Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

PARKING SPACES

29

LAND DETAILS

LAND ACRES

4.78 AC

LAND SF

208,426 SF

ZONING

-

APN/PARCEL ID

901-32-01-005

ASK ABOUT THIS PROPERTY

Ron ClydeClyde Realty, LLCMore Info
864-979-8852

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Ron ClydeClyde Realty, LLCMore Info
864-979-8852

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.