Waterstone Multi-Family Group is pleased to present the Carrington Townhomes; a 68-unit property located in Orangeburg SC. Built in 1970, the property is situated only a few miles from Interstate-26, and a few minutes from the downtown area. The owner has been actively upgrading the property, having spent over $200,000 since 2017. Recent CapEx Improvements Include: Painting interior & exterior HVACs Plumbing Roof upgrades Updated common area Appliances Laundry equipment PLEASE NOTE: This is a debt-assumption deal. Current financing (paid down to a $1MM current outstanding balance) is in place. This deal presents investors with an excellent opportunity to acquire a newly-improved property cash-flowing at attractive yields with room for upside from the stabilization of the rent roll at the currently-advertised rates (see financial analysis), and conversion from property-covered utility expenses to responsibilities of each individual tenant. This property also comes with space for the immediate development of additional 8 units, as well as open acreage at the rear of the parcel.