Fully Leased Multifamily
For Sale
$235,000
111 Villa Ct, West Columbia, SC 29170
Multifamily property with full occupancy and access to area highways, shopping, dining, and airport facilities.
Property Size2,350 SF
Price / SF$100
Days on Market161
Property Features for 111 Villa Ct
General Information
Standard status
Active
Size
2,350 SF
Property subtype
Residential Income
Occupancy
100%
Additional Details
Highway Access
Yes
Listing Agency:
American Dream Realty
Listed By:
Pam Clamp · License #43257
(803) 318-6759
Source:
Exprealty
Added: May 2
Changed: Sep 8
Last Checked: Oct 7 at 2:29PM
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 American Dream Realty
Investment Insights
Based on property information with market context.
This 2,350-square-foot multifamily property is fully leased and offered in its existing as-is condition. The asset is classified as a multifamily property and provides an income-producing configuration without introducing unsupported unit details.
Located in West Columbia, South Carolina, the property offers convenience to major highways, the airport, shopping, and restaurants. It is also situated within the Lexington District 1 school area.
Located in West Columbia, South Carolina, the property offers convenience to major highways, the airport, shopping, and restaurants. It is also situated within the Lexington District 1 school area.
Key Highlights
- 2,350‑square‑foot multifamily property
- Fully leased occupancy
- Property offered in as‑is condition
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,986
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,720
$319.7K
Cap Rate 7%
$228,371
$228.4K
Cap Rate 9%
$177,622
$177.6K
Market Conditions
NOI Build-Up for 2,350 SF
Gross rent
$31.0K $13.20/SF
− Vacancy
−$2.0K −$0.83/SF
EGI
$29.1K $12.37/SF
− OpEx
−$13.1K −$5.57/SF
NOI
$16.0K $6.80/SF
Area
Lexington County, SC
Vacancy
6.30%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,720
Cap Rate 7%
$228,371
Cap Rate 9%
$177,622
Alternative Uses
Best Use
Apartment 5plus
$228.4K
$199.8K – $266.4K
NOI $15,986 @ 7.0% cap · market cap 6.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$631.1K
$552.3K – $736.3K
NOI $44,180 @ 7.0% cap · market cap 18.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
Explore this area
Business Placement
Demographics for 29170, SC
22,422
Population
9,547
Households
2.3
Avg Household Size
39
Median Age
30%
College-Educated
92%
High-School Grad
24.5 sq mi
ZIP Area
915
Density / Sq Mi
$73,470
Median Household Income
$43,125
Median Earnings
$1,026
Median Rent
$191,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily property with full occupancy and access to area highways, shopping, dining, and airport facilities.
Where is this multifamily property located?
The property is located at 111 Villa Ct West Columbia, SC.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 2,350‑square‑foot multifamily property; Fully leased occupancy; Property offered in as‑is condition
