353 Unit South Carolina Portfolio
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
353 Unit South Carolina Portfolio
9 Multifamily Properties Offered at $31,465,939 CAD in Multiple Locations
Investment Highlights
- 353 Units
- Below Market Assumable Loans Available
- Owner will consider offers on pieces of the portfolio
- Inland South Carolina
- Creative Seller Financing Available
Executive Summary
National Multifamily is pleased to present a 353-unit multifamily portfolio located in the inland section of Northeast South Carolina. The collection of properties offers investors a unique opportunity to invest in scale in a growing market in the Southeast. The portfolio offers a compelling proposition for investors looking to enhance and safeguard their real estate portfolio through a purchase in landlord friendly South Carolina.
Located across nine sites, the portfolio is concentrated in the cities of Bennettsville (117 units), Dillon (164 units), and Marion (72 units). Proximity to major highways offers excellent connectivity to regional economic hubs and the major cities of the Southeast.
The portfolio allows for instant scalability of operations and the option to use an already built-out in-house management and maintenance team. The owner, who lives out of state, built out the team as they purchased the portfolio in stages. The majority of rents are currently below market. A simple value-add strategy and management efficiencies would continue to increase cash flow over the current levels.
There are three assumable 10-year interest only, fixed agency loans ranging from interest rates of 4.03% to 5.01% that are available across the portfolio. Creative seller financing is also available.
The owner will consider offers on pieces of the portfolio.
Located across nine sites, the portfolio is concentrated in the cities of Bennettsville (117 units), Dillon (164 units), and Marion (72 units). Proximity to major highways offers excellent connectivity to regional economic hubs and the major cities of the Southeast.
The portfolio allows for instant scalability of operations and the option to use an already built-out in-house management and maintenance team. The owner, who lives out of state, built out the team as they purchased the portfolio in stages. The majority of rents are currently below market. A simple value-add strategy and management efficiencies would continue to increase cash flow over the current levels.
There are three assumable 10-year interest only, fixed agency loans ranging from interest rates of 4.03% to 5.01% that are available across the portfolio. Creative seller financing is also available.
The owner will consider offers on pieces of the portfolio.
Property Facts
| Price | $31,465,939 CAD | Number of Properties | 9 |
| Price / SF | $82.79 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 380,090 SF |
| Status | Active | Total Land Area | 39.03 AC |
| Price | $31,465,939 CAD |
| Price / SF | $82.79 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 9 |
| Individually For Sale | 0 |
| Total Building Size | 380,090 SF |
| Total Land Area | 39.03 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Southern Forest
2800 Plaza Ct, Marion, SC 29571 |
Multifamily | 34,440 SF | 1998 | - |
|
Dover Village
414 S Longstreet Rd, Dillon, SC 29536 |
Multifamily | 33,000 SF | - | - |
|
Sunflower Place Apartments
1602 McNeil St, Dillon, SC 29536 |
Multifamily | 113,006 SF | 1969 | - |
|
Garden Apartments
105 Northwood Dr, Bennettsville, SC 29512 |
Multifamily | 70,000 SF | 1900 | - |
|
Interstate Residences
806 Enterprise Rd, Dillon, SC 29536 |
Multifamily | 12,000 SF | - | - |
|
Midway Apartments
2611 Highway 301 S, Dillon, SC 29536 |
Multifamily | 3,000 SF | 1962 | - |
|
Greenwood Park Apartments
1702-1708 Tubello Ct, Marion, SC 29571 |
Multifamily | 28,800 SF | 1989 | - |
|
Oakwood Residences
903 Oakwood St, Bennettsville, SC 29512 |
Multifamily | 62,646 SF | - | - |
|
Magnolia Village Apartments
400 E Market St, Bennettsville, SC 29512 |
Multifamily | 23,198 SF | - | - |
1 of 1
1 of 11
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
353 Unit South Carolina Portfolio
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.