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913 Prestwood Dr - Lakeshore Arms Apartments 8 Unit Apartment Building Offered at $849,000 at a 9.57% Cap Rate Hartsville, SC 29550
Investment Highlights
- Strong, reliable income-producing property with property manager available
- Located across the street from Hartsville's largest employer
- Room to increase rents 20%
Executive Summary
Brochure available and offers abundant information. This is a solid performing property with room to increase rents. Very little competition for this property and there is room to increase rents 20%. Sale includes all existing FF&E for a turnkey rental operation. This proven revenue-producer kicks out over $127K annually in GOI and a pro forma @ $1600/unit would generate $153,600.
UPDATE: Two apartments are increasing monthly rents with new rental commitments. Apt F will be rented in March 2026 for $1600. Apt. A will be increased over 30% upon turnover. Inquire for details. Plug $1650 monthly into your pro formas.
Owner manages property and is willing to stay on as property manager. Need more information? Send an inquiry with your contact phone number and email address and Listing broker will send a Confidentiality Agreement to sign. Multiple years of solid income history available.
Lots of Interest in this Property! We can show Apartment F anytime until the Week of March 16th. Call and Text Listing Broker to schedule.
UPDATE: Two apartments are increasing monthly rents with new rental commitments. Apt F will be rented in March 2026 for $1600. Apt. A will be increased over 30% upon turnover. Inquire for details. Plug $1650 monthly into your pro formas.
Owner manages property and is willing to stay on as property manager. Need more information? Send an inquiry with your contact phone number and email address and Listing broker will send a Confidentiality Agreement to sign. Multiple years of solid income history available.
Lots of Interest in this Property! We can show Apartment F anytime until the Week of March 16th. Call and Text Listing Broker to schedule.
Property Facts Under Contract
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Storage Space
- Ceiling Fans
- Tile Floors
- Eat-in Kitchen
- Hardwood Floors
- High Speed Internet Access
- Range
- Tub/Shower
- Walk-In Closets
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 055-14-01-056 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $32,690 |
Property Taxes
Parcel Number
055-14-01-056
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$32,690
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913 Prestwood Dr - Lakeshore Arms Apartments
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