517 Deerwood St - Multi-Family FOR SALE


Columbia, SC 29205- Rosewood
$995,000 USD
803-678-4921
517 Deerwood St, Columbia, SC for Sale
$995,000 USD
Multi-Family - FOR SALE
1/5
null | 6.1% Cap Rate

517 Deerwood St
Columbia, SC 29205
Rosewood


OVERVIEW

Marcus & Millichap is pleased to present 517 Deerwood, a seven-unit multifamily property located in Columbia, South Carolina. Just three miles from the University of South Carolina, the property offers a balanced mix of unit types, including two- and three-bedroom layouts. The unit mix includes newly constructed 2-bedroom, 2.5-bath townhomes completed in early 2024, along with a selection of 2BD | 1BA, 3BD | 1BA, and 3BD | 2BA units. 517 Deerwood is situated in a high-demand corridor just 1.3 miles from Whole Foods, Publix, and a variety of popular restaurants, giving residents convenient access to essential retail and dining options. The property is also only two miles from I-77, providing a direct route to the site of the forthcoming $2 billion Scout Motors manufacturing plant. This Volkswagen-backed facility is expected to generate over 4,000 permanent jobs and stands to significantly increase housing demand throughout the region. With its proximity to the university, strong surrounding retail, and direct access to a transformative employment project, 517 Deerwood is well positioned as a stabilized asset with future rental upside.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$154 USD /SF

# OF UNITS

7

PRICE/UNIT

$142,143

CAP RATE

6.1%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

13805-06-23

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.