Log In/Sign Up
Your email has been sent.
Hampton Place Apartments 825 Tomlinson St 48 Unit Apartment Building $3,050,000 ($63,542/Unit) 8.75% Cap Rate Kingstree, SC 29556


Investment Highlights
- All 48 units recently renovated – completed January 2025, including new roofs and HVAC
- Current average rent of approximately $832 per month across diverse unit mix
- All 7 buildings received a new roof in the past year with all new HVAC units
- 48-unit workforce housing community approximately 94% occupied
- 8.75% in-place cap rate; 9.12% stabilized cap rate at $3,050,000 list price
- Limited new multifamily supply supports continued demand for workforce rental housing
Executive Summary
Broker of Record
Kyle Matthews
License # 105710, 22684 (SC)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Kyle Matthews
License # 105710, 22684 (SC)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
| Price | $3,050,000 | Lot Size | 4.00 AC |
| Price Per Unit | $63,542 | Building Size | 44,452 SF |
| Sale Type | Investment | Average Occupancy | 94% |
| Cap Rate | 8.75% | No. Stories | 2 |
| No. Units | 48 | Year Built/Renovated | 1970/2025 |
| Property Type | Multifamily | Parking Ratio | 1.62/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Building Class | C |
| Price | $3,050,000 |
| Price Per Unit | $63,542 |
| Sale Type | Investment |
| Cap Rate | 8.75% |
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 4.00 AC |
| Building Size | 44,452 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built/Renovated | 1970/2025 |
| Parking Ratio | 1.62/1,000 SF |
| Opportunity Zone |
Yes |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 11-037-212 | Improvements Assessment | $678,351 |
| Land Assessment | $90,000 | Total Assessment | $768,351 |
Property Taxes
Parcel Number
11-037-212
Land Assessment
$90,000
Improvements Assessment
$678,351
Total Assessment
$768,351
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
