825 Tomlinson St | Kingstree, SC 29556
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825 Tomlinson St
Kingstree, SC 29556
Hampton Place Apartments - Kingstree, SC · Multifamily Property For Sale
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48 Units
Investment Highlights
- Value-Add Opportunity Through an Organic Rental Increase Will Immediately Increase Net Operating Income Providing New Ownership a Stable Asset
- Exceptional Assumable Loan That Expires in 2033 With a Fixed Rate of 6.02% and 38 Months Remaining of Interest-Only Period
- Favorable Unit Mix For All Tenant Profiles Consisting of 1, 2, 3, and 4 Bedroom Units
- $1.5 Million in Capital Improvements Over the Last 3 Years Including Interior Improvements, Exterior Improvements, New Paint, Replacement of HVACs
- Minimal Deferred Maintenance Providing New Ownership a Well Maintained Asset
- Rents Can Be Raised Organically By an Average of Nearly $150/Unit Based on Nearby Comparable Properties
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Waterfront
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 656 |
| 2+1 | 20 | - | 900 |
| 3+1 | 20 | - | 945 |
| 4+1 | 4 | - | 1,232 |
Property Taxes
| Parcel Number | 11-037-212 | Improvements Assessment | $40,700 |
| Land Assessment | $5,400 | Total Assessment | $46,100 |
Property Taxes
Parcel Number
11-037-212
Land Assessment
$5,400
Improvements Assessment
$40,700
Total Assessment
$46,100
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