350 Byron Rd - Apartments FOR SALE


Columbia, SC 29209- Hopkins Suburban
$1,840,000 USD
803-678-4921
350 Byron Rd, Columbia, SC for Sale
$1,840,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

350 Byron Rd
Columbia, SC 29209
Hopkins Suburban


HIGHLIGHTS

  • 16 two-bed / two-bath units
  • Individually metered for water and electric, reducing operating costs
  • Full washer/dryer hookups in every unit
  • Convenient location near daily-needs retail and major employers
  • Recently renovated interiors and roof
  • Six new HVAC systems in last 24 months

OVERVIEW

Marcus & Millichap is pleased to present Cedar Crossing Apartments, a 16-unit multifamily community located in Columbia, South Carolina. Built in 1984, the property sits on 1.29 acres approximately 10 minutes from Downtown Columbia, offering convenient access to major employment centers and retail corridors. The community is comprised entirely of two-bedroom, two-bathroom residences, each featuring washer/dryer hookups and individually metered utilities, allowing for efficient operations and reduced operating costs. Cedar Crossing benefits from strong nearby retail options, located within two miles of Target, Whole Foods, Walmart, and a wide array of shopping and dining options. With a desirable 2BD/2BA unit mix, recent capital improvements, and proximity to daily-needs retail, the property is well positioned to capture consistent workforce housing demand in the growing Columbia market.

FOR SALE DETAILS

PRICE

$1,840,000 USD

PRICE/SF

$128 USD /SF

# OF UNITS

16

PRICE/UNIT

$115,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cedar Crossing

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

46

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,192 SF

ZONING

RM-2

APN/PARCEL ID

16406-06-09

ASK ABOUT THIS PROPERTY

Drew BabcockMarcus & MillichapMore Info
803-678-4921

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Drew BabcockMarcus & MillichapMore Info
803-678-4921

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