100 Moffat Dr | Cheraw, SC 29520
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- LoopNet Team
100 Moffat Dr
Cheraw, SC 29520
Long Meadow Apartments · Multifamily Property For Sale
·
56 Units
INVESTMENT HIGHLIGHTS
- At just $25K per door, this property presents an exceptional value-add opportunity, offering a low entry price with significant upside potential
- Current rents below market rates, there is immediate potential to raise rents to market levels, driving an instant increase in gross rental income
- All units are in their original condition, providing a prime opportunity for renovations that can significantly enhance value
- Oongoing development in nearby industrial parks and transportation corridors positions Cheraw for long-term economic growth
PROPERTY FACTS
| No. Units | 56 | Lot Size | 4.27 AC |
| Property Type | Multifamily | Building Size | 53,852 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built | 1973 |
| No. Units | 56 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.27 AC |
| Building Size | 53,852 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1973 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Playground
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 24 | - | 696 |
| 2+1 | 28 | - | 858 |
| 3+1 | 4 | - | 988 |
PROPERTY TAXES
| Parcel Number | 259-002-002-008 | Improvements Assessment | $32,220 |
| Land Assessment | $2,580 | Total Assessment | $34,800 |
PROPERTY TAXES
Parcel Number
259-002-002-008
Land Assessment
$2,580
Improvements Assessment
$32,220
Total Assessment
$34,800
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