1061 Hearn St | Rock Hill, SC 29732
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- LoopNet Team
1061 Hearn St
Rock Hill, SC 29732
The Vintage · Multifamily Property For Sale
·
104 Units
INVESTMENT HIGHLIGHTS
- Well-maintained asset with 100% "classic" units
- Additional land (+2 acres) offers the opportunity to add units and improve amenities
- Booming submarket with the new $1+ billion Carolina Panthers HQ and practice facilities currently being developed just minutes away
- Substantial value-add opportunity with property trailing rent comps by +$415
- Captivating submarket fundamentals with rent growth of over 12% YTD and an all-time low vacancy of 3.1%
- Publix, Wal-Mart, Starbucks, Chick-fil-a, Planet Fitness, Winthrop University, 5 parks, and much more all within 2 miles
PROPERTY FACTS
| No. Units | 104 | Building Size | 130,660 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1972/2022 |
| Building Class | C | Parking Ratio | 1.07/1,000 SF |
| Lot Size | 7.73 AC | ||
| Zoning | MF-15 - Ei - Exempt Improved | ||
| No. Units | 104 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 7.73 AC |
| Building Size | 130,660 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2022 |
| Parking Ratio | 1.07/1,000 SF |
| Zoning | MF-15 - Ei - Exempt Improved |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
- Carpet
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Picnic Area
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 24 | $675.00 | - |
| 1+1 | 16 | $765.00 | - |
| 2+1 | 40 | $825.00 | - |
| 3+1 | 24 | $925.00 | - |
PROPERTY TAXES
| Parcel Number | 6320311002 | Improvements Assessment | $10,309,060 |
| Land Assessment | $1,159,500 | Total Assessment | $11,468,560 |
PROPERTY TAXES
Parcel Number
6320311002
Land Assessment
$1,159,500
Improvements Assessment
$10,309,060
Total Assessment
$11,468,560
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