This property is Off-Market

103 Belmont Stakes and 201 Saratoga Drive
Clinton, SC 29325 ·

23 Units · Multifamily For Sale

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The Derby Apartments - BRING ALL OFFERS!

Price N/A Property Use Type Investment
No. Units 23 Cap Rate 11.25%
Building Size 16,000 SF Occupancy 91%
Property Type Multifamily Lot Size 1.58 AC
Property Sub-type Garden/Low-Rise
Listing ID: 16688074 Date Created: 05/17/2010 Last Updated: 11/22/2010

Description

23 multi-family rental units known as the Derby Apartments. Mix of 15 one-bedroom units, and 8 two-bedroom units. Owner is motivated to sell. BRING ALL OFFERS!

The property is located in Clinton, SC at the corner of Saratoga St. and Belmont Stakes. The property is just off of Highway 72.

Highlights

  • Close proximity to Presbyterian College and their new Pharmacy School
  • $113,400 Gross Potential Income
  • Great rental history - currently 91% occupied

Research

103 Belmont Stakes and 201 Saratoga Drive, Clinton, SC 29325 (Laurens County)

Clinton Market Trends - Asking price index trends, sale price trends, asking rent trends

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