Multi-Family Apartment
113 Mill St Chester, SC 29706
113 Mill St, Chester, SC, 29706
$1,600,000
For Sale
$1,600,000
Apartment building featuring a consistent 2-bedroom unit layout with several units remaining to renovate.
Days on Market29
Property Features for 113 Mill St
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Building Details
- Year Built
- 1960
Listing agency
(864) 714-9619
Listed by
Matthew Harper
Source
Alinecapital
Added: Jun 25 Updated: Jul 23 at 1:19AM Checked: Jul 23 at 5:57AM
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 Matthew Harper
Investment Insights
Based on property information with market context.
This multifamily apartment building is configured with a 100% 2-bedroom layout, supporting consistent unit management across the property. The ownership remarks indicate that 2024 renovations have already been completed, which may reduce near-term capital needs. The current rent performance also suggests remaining upside, with the report stating that 8 units are still left to renovate.
The property is offered for sale and located at 113 Mill St in Chester, SC (29706). The provided information references in-place unit cost basis of approximately $64K per unit.
As presented in the remarks, the building offers an execution path to align the lowest-rent units with market levels through renovation, supported by the already-completed 2024 work.
The property is offered for sale and located at 113 Mill St in Chester, SC (29706). The provided information references in-place unit cost basis of approximately $64K per unit.
As presented in the remarks, the building offers an execution path to align the lowest-rent units with market levels through renovation, supported by the already-completed 2024 work.
Key Highlights
- 1960‑built apartment building with a 100% 2‑bedroom unit layout
- Current rents are $827 vs. $895 market rents, indicating approximately $68/unit upside
- 8 units still left to renovate to bring lowest rents closer to market
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Apartment building featuring a consistent 2-bedroom unit layout with several units remaining to renovate.
Where is this apartment building located?
The property is located at 113 Mill St Chester, SC.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 1960‑built apartment building with a 100% 2‑bedroom unit layout; Current rents are $827 vs. $895 market rents, indicating approximately $68/unit upside; 8 units still left to renovate to bring lowest rents closer to market
