Cap Rate
7.01%
$ per SF
$81
1307 Cactus Ave, Columbia, SC, 29210
Cactus Ave Apartments$1,000,000
Key Information
Tot. SF
12,288
Lot Size
0.27 Acres
$ per unit
$83,333
Units
12
Year Built
1983 R 2016
Type
Multifamily
Highlights
- 12 Units | Built 1983 | Renovated 2016
- (12) two-bedroom / one-and-a-half-bathroom units
- Gross Building Area: ±12,288 SF
- Average Unit: ±1,024 SF
- Lot Size: ±0.27 Acres
- Current Average Rent: $1,067 | Market Rent: $1,125
- Current Tax-Adjusted Proforma Cap Rate: 7.01% | Market Stabilized: 9.11%
- Roofs replaced in 2019
- Majority of HVACs replaced within 4 years
- Electrical: Copper
- Plumbing: Metal pipes
Photos
Location
Agents
C
Connor KernsLicense # 408600 (GA)
Broker of Record
Kyle Matthews
License # 22684 (SC)Matthews Real Estate Investment Services, Inc1600 West End Ave., Ste. 1500 Nashville, TN 37203