20-Unit Multifamily Portfolio (10 Duplexes) – Barnwell, SC 8% Cap Rate | 100% Occupied | Immediate Cash Flow + Strong Upside Asking Price: $1,290,000 Seller will consider owner financing. **Property Highlights** • 20 units (10 duplexes) – each 1 bed / 1 bath • Gross scheduled income: $8,000/month ($96,00 annually) • Current rents: 8 units @ $450, 5 units @ $400, 7 units @ $340 (well below local market). All apartments are identical. Lower priced rents have never been increased since seller purchased. The units at $400 and $450 are more recent tenants with prices increased. All units could easily be raised to $450. • 8% Cap Rate on purchase price • 100% occupied with fully screened tenants (financial & criminal background checks completed) • Annual property taxes: $12,000 • City water & sewer **Recent Capital Improvements (2026)** • 8 units fully renovated • Brand-new roofs on all 10 buildings • Fresh paint, durable marble-pattern tile flooring, and updated finishes throughout renovated units (see photo below) **Additional Value-Add Opportunities** • Below-market rents = immediate upside through annual increases or turnover • Additional acreage at rear of property for future expansion (units, storage, or amenities) • Window AC cooling in all units Utilities: City water and sewer **Location & Market** Barnwell, South Carolina offers strong rental demand in a safe, established neighborhood located near local schools. This turnkey portfolio benefits from consistent occupancy, low operating expenses, and proven tenant quality. Current owner is retiring and motivated to sell. **Investment Summary** Stable 8% cap rate with built-in rent growth, recent major improvements, and expansion potential on extra land. Ideal for investors seeking immediate cash flow and long-term appreciation in a high-demand South Carolina rental market. Owner/Seller is a South Carolina licensed Real Estate agent.