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$2,310,000 / 2br - 9100ft2 - Apartment In Greenwood SC 72K/Unit (Greenwood)

2BR / 1Ba 9100ft2 available now
100 Highland Forest Dr. Greenwood SC
29646

Property details
-MUST BE ABLE TO CLOSE QUICK!
-NO INFORMATION WILL BE GIVEN WITHOUT PROOF OF FUNDS!

Great investment opportunity to own a 33-unit apartment complex on a lovely spacious 2.75 acreage lot! This all-brick, low maintenance complex! 7 units have been recently updated with fresh paint and new carpet and hardwood floors. Each unit offers approx. 936 sq ft of comfortable living space. Tenants pay their own utilities. Some other updates include moisture barrier and three newer HVAC units. Property also has a transferable termite bond. Location of this apartment complex is in close proximity to everything allowing it to be a highly desired rental area.

-10 Minutes from Lander University
- 33 Units
- 2 bedroom 1 bath
- 936 square feet per unit - 18 units occupied - 7 units vacant(Move in ready) - Total mthly income $15,300 - Potential total mthly income $42,000 (15 vacant units) They are vacant to raise rent. All vacant units are move in ready but investor should invest $5,000 per unit to update them.
- Comps rents: $1,100 - $1,200
- Insurance: $16,000 - Taxes: $29,455 *Tenants do not pay for their own water bill but the pay their own power bill. - PP: $2,310,000 ($70k per door) OBRO Rent Roll available

post id: 7756265031

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