Marcus & Millichap is pleased to present Howell Court Apartments, a 28-unit multifamily community located in Columbia, South Carolina. Originally built in 1965, the property is comprised of 11 buildings and offers 28 uniform two-bedroom units.
Current ownership has invested $5,000 to $6,000 per unit in renovations since 2023, including updated flooring, kitchen cabinets, countertops, appliances, bathroom vanities, and modern fixtures throughout. The property continues to offer a defined runway for additional interior upgrades to capture further rental upside. Tenants are responsible for electricity, and water is billed back at a flat rate, minimizing operating expenses for a new owner.
The broader Columbia MSA continues to benefit from sustained population and employment growth anchored by state government, the University of South Carolina, Fort Jackson, Prisma Health, Lexington Medical Center, Blue Cross Blue Shield of South Carolina, Michelin, Amazon, Dominion Energy, and Nephron Pharmaceuticals. Howell Court offers direct access to I-26, I-20, and I-77 with proximity to downtown Columbia and the region’s major employment centers.