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1602 McNeil St
Dillon, SC 29536
Sunflower Place Apartments · Multifamily Property For Sale
·
84 Units
PROPERTY FACTS
| No. Units | 84 | Lot Size | 8.20 AC |
| Property Type | Multifamily | Building Size | 113,006 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1969/2019 |
| Zoning | MF | ||
| No. Units | 84 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 8.20 AC |
| Building Size | 113,006 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2019 |
| Zoning | MF |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Oven
- Range
SITE AMENITIES
- Laundry Facilities
- Playground
ABOUT 1602 MCNEIL ST , DILLON, SC 29536
Built in 1969, Sunflower Place Apartments contains 12 two story buildings totaling ±113,004 SF. The property contains ±8.22 acres and offers an acre of land for future development or other use. Sunflower Place Apartments is currently ±75% occupied with a diversified unit mix consisting of 1, 2, 3, and 4 bedrooms ranging in size from ±750 to± 1,400 SF. The Property rents are currently below market and allow for immediate upside through lease-up strategies and an increase to market rates. The Property offers a laundry room for additional income with 6 washers and 6 drys for residents. The Property has undergone extensive CapEx including new roofs and most of the windows have been replaced with a more efficient insulated option. Additionally, there have been unit improvements with 14 Units renovated in 2019; 6 Units renovated in 2018; and 15 Units renovated in 2017. The current owner has spent ±$300,000 in repairs and remodeling in the last two years.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 18 | - | 750 |
| 2+1 | 30 | - | 900 |
| 3+1 | 22 | - | 1,200 |
| 4+2 | 14 | - | 1,400 |
PROPERTY TAXES
| Parcel Number | 069-08-08-001 | Improvements Assessment | $101,250 |
| Land Assessment | $5,350 | Total Assessment | $106,600 |
PROPERTY TAXES
