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1199 N Lafayette Dr
Sumter, SC 29150
Ashley Chase Apartments · Multifamily Property For Sale · 100 Units

PROPERTY FACTS

No. Units 100
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 10.74 AC
Building Size 94,976 SF
Average Occupancy 98%
No. Stories 2
Year Built/Renovated 1973/2005
Zoning C-1 - Commercial

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Heating
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Walk-In Closets
  • Wheelchair Accessible (Rooms)

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Playground
  • Property Manager on Site
  • Grill
  • Maintenance on site

ABOUT 1199 N LAFAYETTE DR , SUMTER, SC 29150

Marcus and Millichap is pleased to exclusively offer for sale Ashley Chase Apartments in Sumter, SC. Ashley Chase represents a unique opportunity to increase value and capture existing renter demand for a well-located multifamily asset that is convenient to retail, the Central Business District and a short drive from Shaw Air Force Base. This 100-unit property provides upside potential through the stabilization of the asset, improving operational efficiencies, and bringing six down units on-line at current market rents. Organic rent growth and the potential for light interior improvements further add to the attractiveness of this long-term investment opportunity.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
248-08-03-017
Land Assessment
$21,240
Improvements Assessment
$112,800
Total Assessment
$134,040
  • Listing ID: 6724230

  • Date on Market: 4/11/2017

  • Last Updated:

  • Address: 1199 N Lafayette Dr, Sumter, SC 29150

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