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116 Fern Cir 2,595 SF Specialty Building Offered at $769,900 at a 6.61% Cap Rate in Clemson, SC 29631

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EXECUTIVE SUMMARY

0.85 Acre Lot. Unique sloping lot in highly sought after neighborhood for students just outside Clemson City limits. Already leased through 7/31/26 at $6,195 per month. Offering a strong 6.65% Cap Rate. Extremely strong rental demand within the neighborhood. Purpose-built student rental that can be used for any purpose. Prime Investment opportunity, completely hands-off, property management already in place if needed. Great house-hack opportunity.

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $769,900
Price Per SF $296.69
Sale Type Investment
Cap Rate 6.61%
Property Type Specialty
Property Subtype Residential Income
Building Class B
Lot Size 0.87 AC
Building Size 2,595 SF
No. Stories 3
Year Built 2025

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4054-05-08-2612
Land Assessment
$2,700 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$2,700 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 36720659

  • Date on Market: 7/14/2025

  • Last Updated:

  • Address: 116 Fern Cir, Clemson, SC 29631

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