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302 Picadilly St - Downtown Columbia Rental Portfolio 2,262 SF Specialty Building Offered For Sale in Columbia, SC 29201



Executive Summary
19 Doors | 64 Beds | 38 Baths | 7 Duplexes | 5 SFD. Portfolio spread out in approx 1 mile radius surrounding University of South Carolina. Financial Snapshot: Yearly Gross Rents: $717,600 | Gross Insurance: $23,819 | 2025 Taxes: $42,401 | 6 properties have a 20 year tax abatement (Bailey Bill) | 9 Cap Rate. Why Invest? Stable Income: Generate $59,800 in monthly gross rents. Leases in place until July 2027. Strategic Location: Close to University of SC, ensuring a steady pool of student tenants. High Demand: Benefit from the consistent demand for student housing over 40,000 student base. Value Appreciation: Potential for property value growth every year. Mix of new construction and stud rehabs from 2019-2023 Consistent rent increases year over year. Will not subdivide portfolio. No showings until after LOI. Full Financials available upon request.
Property Facts
| Sale Type | Investment | Building Size | 2,262 SF |
| Property Type | Specialty | No. Stories | 2 |
| Property Subtype | Residential Income | Year Built | 2019 |
| Building Class | B |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | B |
| Building Size | 2,262 SF |
| No. Stories | 2 |
| Year Built | 2019 |
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Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
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302 Picadilly St - Downtown Columbia Rental Portfolio
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