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Cedar Crossing 350 Byron Rd 16 Unit Apartment Building $1,760,000 ($110,000/Unit) Columbia, SC 29209
Investment Highlights
- 16 two-bed / two-bath units
- Full washer/dryer hookups in every unit
- Recently renovated interiors and roof
- Individually metered for water and electric, reducing operating costs
- Convenient location near daily-needs retail and major employers
- Six new HVAC systems in last 24 months
Executive Summary
Marcus & Millichap is pleased to present for sale Cedar Crossing Apartments:
-16-unit multifamily community located in Columbia, South Carolina
-Built in 1984; situated on 1.29 acres
-Approximately 10 minutes to Downtown Columbia
-Convenient access to the VA Hospital and I-77, providing connectivity to major employment centers
-100% two-bedroom, two-bathroom unit mix
-Washer/dryer hookups in all units
-Individually metered electric and water, supporting lower operating expenses
-Strong proximity to national retailers including Target, Whole Foods, and Walmart (within two miles)
-Surrounded by a wide array of shopping and dining options
-Well-positioned to capture consistent workforce housing demand in a growing Columbia market
-16-unit multifamily community located in Columbia, South Carolina
-Built in 1984; situated on 1.29 acres
-Approximately 10 minutes to Downtown Columbia
-Convenient access to the VA Hospital and I-77, providing connectivity to major employment centers
-100% two-bedroom, two-bathroom unit mix
-Washer/dryer hookups in all units
-Individually metered electric and water, supporting lower operating expenses
-Strong proximity to national retailers including Target, Whole Foods, and Walmart (within two miles)
-Surrounded by a wide array of shopping and dining options
-Well-positioned to capture consistent workforce housing demand in a growing Columbia market
Property Facts
| Price | $1,760,000 | Building Class | C |
| Price Per Unit | $110,000 | Lot Size | 1.29 AC |
| Sale Type | Investment | Building Size | 14,400 SF |
| No. Units | 16 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1984/2024 |
| Apartment Style | Low-Rise | Parking Ratio | 3.19/1,000 SF |
| Zoning | RM-2 | ||
| Price | $1,760,000 |
| Price Per Unit | $110,000 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.29 AC |
| Building Size | 14,400 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2024 |
| Parking Ratio | 3.19/1,000 SF |
| Zoning | RM-2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 16 | $1,181 | 900 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 16406-06-09 | Improvements Assessment | $630,600 |
| Land Assessment | $79,400 | Total Assessment | $710,000 |
Property Taxes
Parcel Number
16406-06-09
Land Assessment
$79,400
Improvements Assessment
$630,600
Total Assessment
$710,000
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Cedar Crossing | 350 Byron Rd
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