Cambridge Court Apartments | 211 Dickson St
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!
Cambridge Court Apartments 211 Dickson St
60 Unit Apartment Building $5,332,500 CAD ($88,875 CAD/Unit) Manning, SC 29102
Investment Highlights
- Opportunity to acquire a well maintained and quaint property within easy access to I-95 and US Routes 301 and 521
- Cambridge Court is well positioned within the community, just moments away from the tree-lined Brooks Street, the Main street of Manning
- Upside in rents exist without a heavy capital improvement plan, with inplace rents on average around $213/unit below market comparables
- The smaller community of Manning, SC offers a slower pace of life, but is also equidistance from both the state’s capital of Columbia and the coast
Executive Summary
• Opportunity to increase rents to market rate after finishing renovations, rent comparable in the market reveal market rents are roughly $213/unit higher than in place avg rents
• Additional operational upside through reducing expense load, there is significant payroll costs associated with 60 units where we think 3rd party management would be effective
• Extremely convenient to Downtown Manning, roughly half a mile and only 6 miles to Clarendon County Industrial Park
• Additional operational upside through reducing expense load, there is significant payroll costs associated with 60 units where we think 3rd party management would be effective
• Extremely convenient to Downtown Manning, roughly half a mile and only 6 miles to Clarendon County Industrial Park
Property Facts
| Price | $5,332,500 CAD | Building Class | B |
| Price Per Unit | $88,875 CAD | Lot Size | 4.00 AC |
| Sale Type | Investment | Building Size | 66,922 SF |
| No. Units | 60 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1974 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Garden |
| Price | $5,332,500 CAD |
| Price Per Unit | $88,875 CAD |
| Sale Type | Investment |
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 4.00 AC |
| Building Size | 66,922 SF |
| No. Stories | 2 |
| Year Built | 1974 |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 672 |
| 2+1 | 40 | - | 858 |
| 3+1 | 8 | - | 962 |
| 4+1.5 | 4 | - | 1,120 |
1 of 1
PROPERTY TAXES
| Parcel Number | 187-01-05-013-00 | Improvements Assessment | $78,158 CAD |
| Land Assessment | $6,293 CAD | Total Assessment | $84,451 CAD |
PROPERTY TAXES
Parcel Number
187-01-05-013-00
Land Assessment
$6,293 CAD
Improvements Assessment
$78,158 CAD
Total Assessment
$84,451 CAD
1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Cambridge Court Apartments | 211 Dickson St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.