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3630 Ranch Rd
Columbia, SC 29206
Wellesley Place · Multifamily Property For Sale
·
66 Units
PROPERTY FACTS
| No. Units | 66 | Lot Size | 9.60 AC |
| Property Type | Multifamily | Building Size | 146,878 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1971 |
| Building Class | C | Parking Ratio | 1.63/1,000 SF |
| Zoning | RM-HD | ||
| No. Units | 66 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 9.60 AC |
| Building Size | 146,878 SF |
| No. Stories | 2 |
| Year Built | 1971 |
| Parking Ratio | 1.63/1,000 SF |
| Zoning | RM-HD |
AMENITIES
SITE AMENITIES
- Walking/Biking Trails
- Pond
- Public Transportation
ABOUT 3630 RANCH RD , COLUMBIA, SC 29206
66 condominium units out of 126 total with opportunity to own more. Units are all two bedrooms two baths with 1,250 sf. 50% of units have been turned and occupied. Remaining 50% are in the process of being turned, and are being leased as quickly as they are turned. Current pricing is based on a buyer finishing turning the units. Double digit cap rate. The property was mostly evacuated after the 1,000 year flood Columbia had almost three years ago. The owner has been buying up the units and renting them out. They are being leased as fast as they are turned. A buyer will have to have their own financing or all cash to purchase these.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 66 | - | 1,250 |
