Cayce Cove is a 144-unit, 13.06-acre multifamily community built in 2003 and situated 2 miles from downtown Columbia, offering a rare opportunity to acquire and reposition an existing purpose-built asset into a conventional, per-unit leased apartment community. The property's proximity to the University of South Carolina provides an optional secondary demand pool, but the core investment thesis is a conventional multifamily conversion supported by strong comparable sales and rent growth in the immediate Cayce / West Columbia submarket.