Updated Quadplex with
For Sale
$420,000
Pending
100-106 Tonyota Ct, Orangeburg, SC 29118
Four-unit multifamily property with upgraded two-bedroom residences and off-street parking.
Property Size4,028 SF
Days on Market35
Property Features for 100-106 Tonyota Ct
General Information
Standard status
Pending
Size
4,028 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Building Details
Year Built
2001
Listing Agency:
The Moore Group - A Division of the Litchfield Company
(803) 531-2400
Listed By:
Janelle Mitchell · License #20350
Source:
Greatercharlestonhomesource
Added: Jul 26
Changed: Aug 28
Last Checked: Aug 25 at 6:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Moore Group - A Division of the Litchfield Company
Investment Insights
Based on property information with market context.
The property is a 4,028-square-foot quadplex completed in 2001, with four two-bedroom, two-bath units. The residences have been recently upgraded and are described as well maintained, providing a consistent configuration across the building. Off-street parking is available for occupants.
Most units are tenant occupied, while Unit 100 is temporarily vacant and available for viewing by appointment. The property is located at 100-106 Tonyota Ct in Orangeburg, South Carolina. Occupied units may be viewed during due diligence with 24 hours’ notice.
Most units are tenant occupied, while Unit 100 is temporarily vacant and available for viewing by appointment. The property is located at 100-106 Tonyota Ct in Orangeburg, South Carolina. Occupied units may be viewed during due diligence with 24 hours’ notice.
Key Highlights
- 4,028 SF quadplex completed in 2001
- Four 2‑bedroom, 2‑bath units
- Recently upgraded and well maintained
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,908
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$318,160
$318.2K
Cap Rate 7%
$227,257
$227.3K
Cap Rate 9%
$176,756
$176.8K
Market Conditions
NOI Build-Up for 4,028 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$29.0K $7.20/SF
− Vacancy
−$6.3K −$1.56/SF
EGI
$22.7K $5.64/SF
− OpEx
−$6.8K −$1.69/SF
NOI
$15.9K $3.95/SF
Area
Orangeburg County, SC
Vacancy
21.64%
Lease Rate
$7.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$318,160
Cap Rate 7%
$227,257
Cap Rate 9%
$176,756
Alternative Uses
Best Use
Multifamily LT 5
$227.3K
$198.9K – $265.1K
NOI $15,908 @ 7.0% cap · market cap 3.79%
Second Best
Apartment 5plus
$205.3K
$179.6K – $239.5K
NOI $14,370 @ 7.0% cap · market cap 3.42%
Theoretical Best
Specialty Retail
$583.6K
$510.6K – $680.8K
NOI $40,849 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
317
Businesses Nearby
Explore this area
Business Placement
Demographics for 29118, SC
15,446
Population
6,742
Households
2.3
Avg Household Size
43
Median Age
32%
College-Educated
89%
High-School Grad
76.6 sq mi
ZIP Area
202
Density / Sq Mi
$57,704
Median Household Income
$39,124
Median Earnings
$967
Median Rent
$160,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit multifamily property with upgraded two-bedroom residences and off-street parking.
Where is this quadplex located?
The property is located at 100-106 Tonyota Ct Orangeburg, SC.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: 4,028 SF quadplex completed in 2001; Four 2‑bedroom, 2‑bath units; Recently upgraded and well maintained
