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1308 Maple St - Tri - Plex @ 1308 Maple 3 Unit Apartment Building Offered at $875,000 Columbia, SC 29205
Investment Highlights
- Tri-Plex located in desirable Melrose Heights neighborhood consisting of 8 total beds.
- Less than 2 miles to the University of South Carolina, the Devine Street Corridor, and Five Points.
- Interior renovations completed, including two fully renovated kitchens.
Executive Summary
Marcus & Millichap is pleased to present for sale 1308 Maple, a triplex located in the desirable Melrose Heights neighborhood of downtown Columbia.
Situated on approximately 0.40 acres, the asset consists of three units totaling eight beds, currently leasing for $1,000 per bed. The property is located less than two miles from the University of South Carolina, providing direct access to one of the Southeast’s largest and most stable student housing demand drivers. Residents enjoy tree-lined streets, sidewalks, and convenient access to shopping, dining, and entertainment throughout Columbia.
Each unit has undergone interior renovations, with two units fully renovated within the last 18 months. Improvements include upgraded kitchens and bathrooms, along with exterior enhancements such as a basketball court, wood deck, and covered backyard entertainment area.
1308 Maple is well positioned to capitalize on the continued growth and strong demand fundamentals of the University of South Carolina student housing market.
Situated on approximately 0.40 acres, the asset consists of three units totaling eight beds, currently leasing for $1,000 per bed. The property is located less than two miles from the University of South Carolina, providing direct access to one of the Southeast’s largest and most stable student housing demand drivers. Residents enjoy tree-lined streets, sidewalks, and convenient access to shopping, dining, and entertainment throughout Columbia.
Each unit has undergone interior renovations, with two units fully renovated within the last 18 months. Improvements include upgraded kitchens and bathrooms, along with exterior enhancements such as a basketball court, wood deck, and covered backyard entertainment area.
1308 Maple is well positioned to capitalize on the continued growth and strong demand fundamentals of the University of South Carolina student housing market.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 1 | - | 1,400 |
| 2+2 | 1 | - | 850 |
| 2+1.5 | 1 | - | 600 |
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1308 Maple St - Tri - Plex @ 1308 Maple
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