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Parkway at 31 Apartments 10600 Highway 90 200 Unit Apartment Building $50,249,000 ($251,245/Unit) Little River, SC 29566
Executive Summary
Parkway at 31 presents a rare multifamily investment opportunity in Little River, South Carolina. This offering includes 200 existing units at a solid 80% occupancy, alongside a fully prepared parcel capable of supporting an additional 160 units. The site is fully equipped with infrastructure, making future development seamless. This is an ideal blend of immediate income and long-term growth potential.
Property Facts
| Price | $50,249,000 | Building Class | A |
| Price Per Unit | $251,245 | Lot Size | 20.30 AC |
| Sale Type | Investment | Building Size | 400,000 SF |
| No. Units | 200 | Average Occupancy | 80% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 2024 |
| Apartment Style | Garden | ||
| Zoning | multifamily - The property is zoned for multifamily use and includes an already pad-ready site for the development of an additional 160 units. This ensures a stream | ||
| Price | $50,249,000 |
| Price Per Unit | $251,245 |
| Sale Type | Investment |
| No. Units | 200 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | A |
| Lot Size | 20.30 AC |
| Building Size | 400,000 SF |
| Average Occupancy | 80% |
| No. Stories | 4 |
| Year Built | 2024 |
| Zoning | multifamily - The property is zoned for multifamily use and includes an already pad-ready site for the development of an additional 160 units. This ensures a stream |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Heating
- Ceiling Fans
- Double Vanities
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Views
- Freezer
- Island Kitchen
- Pantry
Site Amenities
- 24 Hour Access
- Business Center
- Clubhouse
- Fitness Center
- Playground
- Pool
- Property Manager on Site
- Grill
- Pet Play Area
- Putting Greens
- Storage Space
- Elevator
- Maintenance on site
- Pet Washing Station
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 80 | $1,550 | 798 - 897 |
| 2+2 | 80 | $1,750 | 1,174 - 1,200 |
| 3+2 | 40 | $1,995 | 1,250 |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 34900000046 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $31,420,349 |
Property Taxes
Parcel Number
34900000046
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$31,420,349
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Parkway at 31 Apartments | 10600 Highway 90
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