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530 Orangeburg Rd
Summerville, SC 29483
Orangeburg Road Apartments · Multifamily Property For Sale
·
15 Units
Investment Highlights
- 80% renovated, high occupancy property with proven value-add upside
- Strong Rental Upside. Prior to COVID-19 shutdowns, one unit leased for $1,155
- High barrier to homeownership: Summerville has a median home price of $234k, which is up 36% since 2015
- Over $160k in recent capital improvements
- Proximity to numerous public schools, providing stable and long-term demand
- Located within the rapidly growing Charleston MSA
Property Facts
| No. Units | 15 | Building Size | 14,850 SF |
| Property Type | Multifamily | Average Occupancy | 93% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1976 |
| Building Class | C | Parking Ratio | 2.29/1,000 SF |
| Lot Size | 0.91 AC | ||
| Zoning | R-4_DC | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.91 AC |
| Building Size | 14,850 SF |
| Average Occupancy | 93% |
| No. Stories | 2 |
| Year Built | 1976 |
| Parking Ratio | 2.29/1,000 SF |
| Zoning | R-4_DC |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 15 | $990.00 | 990 |
Property Taxes
| Parcel Number | 144-10-01-055 | Improvements Assessment | $76,500 |
| Land Assessment | $19,027 | Total Assessment | $95,527 |
Property Taxes
Parcel Number
144-10-01-055
Land Assessment
$19,027
Improvements Assessment
$76,500
Total Assessment
$95,527
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