For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

1401 Elmtree Rd Columbia, SC 29209

Loading data...
Loading data...
Loading data...
For Sale
$2,190,000

16-Unit Apartment Complex, High Occupancy

Property size:
16,200 SF

Property Features for 1401 Elmtree Rd

General Information

Property type
Residential income properties
Square Feet
16,200 SF
Lot Size
18,731 SF

Building Details

Year Built
1987

We can help!

Listing Contact
Lee Ohana

Listing Agency: Keller Williams The Forturro Group Listing Agent: Lee Ohana

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

Learn more

Property Insight Report

Overview

This exceptional 16-unit apartment complex presents a compelling investment opportunity in the vibrant city of Columbia, South Carolina. Situated on a 0.43-acre lot at 1401 Elmtree Road, this property offers a blend of immediate income and long-term growth potential. The complex comprises eight spacious three-bedroom, two-bathroom units and eight comfortable two-bedroom, two-bathroom units, all currently occupied. Each unit has undergone renovations, enhancing their appeal and contributing to high tenant satisfaction. The property's prime location adjacent to Columbia University ensures consistent demand and a steady stream of potential tenants seeking convenient, accessible housing. The existing professional management company ensures smooth operations and efficient tenant management. With a total of 16,200 square feet of living space, this well-maintained property offers a significant return on investment. The strong occupancy rate and the potential for future rental increases make this a truly attractive proposition for discerning investors seeking a stable and profitable multifamily asset in a desirable location. The property is priced at $2,190,000. This is a turnkey investment ready for immediate cash flow.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Columbia
County
Richland
State
South Carolina
Longitude
-80.93916
Latitude
33.97467

FAQs

What type of property is this?
Residential income property - 16-Unit Apartment Complex, High Occupancy
Where is this residential income property located?
The property is located at 1401 Elmtree Rd Columbia, SC.
What is the asking price?
The asking price for this property is $2,190,000.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message