Historical Multifamily Sale Listing - Congaree Villas

Multifamily For Sale

This Multifamily property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Multifamily For Sale, West Columbia, SC or South Carolina

Congaree Villas

2101 Fish Hatchery Road, West Columbia, SC 29172

N/A

106 Units | Multifamily

  • Print

Multifamily Property - Off Market

Price:
N/A
No. Units:
106
Building Size:
149,164 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
7.73%
Occupancy:
95%
No. Stories:
2
Year Built:
2002
Lot Size:
16.65 AC
Listing ID
16070428
Last Updated
over 1 year ago

Highlights

  • Quality, well-maintained 2002 Construction
  • All units deeded and metered separately
  • Excellent location - convenient to I-77, I-26, and US-321
  • Less than two (2) miles from Columbia Metropolitan Airport
  • Close to major Lexington County employers

Description

The Congaree Villas, located in West Columbia, SC, present an opportunity for an investor to acquire a strongly positioned asset, with attractive assumable debt. Currently, the property has strong, in-place rents, and a number of corporate units which are leased to local businesses. Situated off of three (3) major interstates/highways (I-77, I-26, and 321), the Congaree Villas is conveniently positioned with easy access to various locations in and around the area.

The Congaree Villas is a quiet, gated community, with a Charleston-like atmosphere. At Congaree Villas, each unit is metered and deeded, separately. With large unit sizes, the opportunity is there for an immediate condo-conversion, once the residential market recovers.

The Congaree Villas is located in West Columbia, SC, and is included as part of the greater Columbia MSA (716,030). Columbia, a finance, government, trade, and industrial center, is the capital (and largest city) of South Carolina, and extends to both Richland and Lexington counties. Columbia is also known for its academic institutions, the largest being the University of South Carolina
Columbia is intersected by I-77, which provides access (via 1.5-hr drive) to Charlotte, NC. Additionally, a two (2) hour drive on I-26 is a convenient drive to Charleston, SC.

Congaree Villas is situated with excellent access to both I-77 and I-26, as well as Highway 321. The Columbia Metropolitan Airport is five miles from this location, with the University of South Carolina only seven miles away. Major nearby employers include UPS, Michelin North America, Southeastern Freight, Eastman Chemicals, Shaw Industries, and numerous other manufacturing/industrial companies. With a growing residential base, commercial development continues to grow, as well.

Congaree Villas stands out in both location and quality, as the apartment standard in West Columbia, SC.

Map of 2101 Fish Hatchery Road, West Columbia, SC 29172 (Lexington County)

Research for 2101 Fish Hatchery Road, West Columbia, SC 29172 (Lexington County)

  • Demographics – Population, income & other demographics near 2101 Fish Hatchery Road
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building