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1118 Boundary St
Conway, SC 29526
Auction:8/21 - 8/23: Patriot's Place · Multifamily Property For Sale
·
64 Units
PROPERTY FACTS
| No. Units | 64 | Building Size | 51,726 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1975 |
| Building Class | C | Parking Ratio | 2.42/1,000 SF |
| Lot Size | 4.40 AC | ||
| Zoning | Multi-family | ||
| No. Units | 64 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.40 AC |
| Building Size | 51,726 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 2.42/1,000 SF |
| Zoning | Multi-family |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Kitchen
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Tenant Controlled HVAC
- Laundry Service
- Maintenance on site
ABOUT 1118 BOUNDARY ST , CONWAY, SC 29526
*Financing is available for this asset through Money360 only, please refer to the quote sheet available in the due diligence vault for further details* Property tours will take place Wednesday, August 16th. Please contact the broker to schedule a tour. Investment Overview: Patriot's Place is a 64-unit, garden-style apartment community located in the city of Conway, South Carolina. Built in 1975, the property occupies a net rent-able area of 52,192 square feet. The property is improved with seven, two-story masonry constructed buildings with mansard roofs. The property offers 16 one-bedroom units measuring 651 square feet each, 32 two-bedroom units each encompassing 840 square feet, and 16 three-bedroom units spanning 931 square feet each, with an overall average unit size of 816 square feet. Surrounded by a mature wooded forest, the park-like grounds are well maintained with lush grass areas, mature shade trees, trimmed shrubs, and walkways throughout. Community amenities at this property include a playground, picnic area, dog park, laundry facility, courtesy patrol, onsite emergency maintenance, plentiful parking, and is pet friendly. Unit amenities at Patriot's Place include: high speed Internet access, fully equipped kitchen including refrigerator, central heat and air, easy care flooring, dining area, decorative doors, and a spacious living area. Patriot's Place is located on Boundary Street just west of Main Street (Highway 701 / 501), the main thoroughfare offering a short commute to Downtown Conway, Coastal Carolina University, Conway Medical Center, and providing direct access to Myrtle Beach and Myrtle Beach International Airport. With 60 miles of beaches along the Atlantic Ocean coastline, Myrtle Beach is a popular tourist area offering sandy beaches, ocean view dining, and live entertainment venues. Residents of Patriot's Place can enjoy the Waccamaw River, Conway's oldest landmark with a Riverwalk and downtown's historic district. Conway offers numerous dining, shopping, and entertainment venues near the property.
PROPERTY TAXES
| Parcel Number | 33803010017 | Improvements Assessment | $218,871 |
| Land Assessment | $172,498 | Total Assessment | $391,369 |
PROPERTY TAXES
