Student Housing Townhome
116 university village Drive, Central, SC 29630
- Added:
- Nov 14, 2025
- Days on Market:
- 201
- Last Refresh:
- Jun 3 at 9:06 am
Property Features for 116 university village Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Appliances
- Dishwasher, Oven, Range, Refrigerator
- Standard status
- Active
- APN
- 4065-17-21-0162
- Size
- 1,498 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 1810
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Central Air, Heat Pump
- Water source
- Public
Building Details
- Year built
- 2002
- Floors in Building
- 2
- Roof type
- Composition, Shingle
Listing agent Denise Parrett License #97351 (864) 760-3188
Listing office Axcent Realty 100 NW Main, Easley, SC (864) 442-5151
Listing date Nov 14, 2025
MLS# 20294759
Listing URL
Copyright © 2026 Western Upstate Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Townhouse at 116 University Village Dr #D, Central, SC 29630, built in 2002
- 4 beds, 4 baths, 1,498 sqft townhouse layout
- Tenants already in place in 2 units at University Village (Unit D included)
- Central air and heat pump heating
- Public water and public sewer
- Kitchen appliances include dishwasher, oven, range, and refrigerator
Overview
This offering is a townhouse-style residential income investment built in 2002, presented as a turnkey option with tenants already in place. The listing specifically includes Unit D at the University Village address, and the unit is described as delivering immediate cash flow. Each unit features a 4-bedroom, 4-bathroom layout, with individual bathrooms tied to each bedroom to support privacy and convenience. Inside, open-concept living areas flow into the kitchen and dining spaces, creating a practical, roommate-friendly arrangement for occupants.
University Village is positioned as a sought-after student housing community in Central, South Carolina, and the property is described as being near Clemson University and Tri-County Technical College. The community also offers on-site amenities intended to support tenant lifestyle and retention, including resort-style pools with sundecks, a fitness center, volleyball courts, and a clubhouse with study and lounge areas. Additional recreation spaces and walking trails are part of the community experience. Shopping, dining, and entertainment nearby are also cited as contributors to steady rental demand year-round.
For investors or buyers seeking residential rental income without waiting for tenant turnover, a unit with tenants already in place can be appealing. The configuration and per-bedroom bathroom setup are also well-suited to student and professional renters who prioritize privacy, while the community amenity base may help support consistent occupancy.
University Village is positioned as a sought-after student housing community in Central, South Carolina, and the property is described as being near Clemson University and Tri-County Technical College. The community also offers on-site amenities intended to support tenant lifestyle and retention, including resort-style pools with sundecks, a fitness center, volleyball courts, and a clubhouse with study and lounge areas. Additional recreation spaces and walking trails are part of the community experience. Shopping, dining, and entertainment nearby are also cited as contributors to steady rental demand year-round.
For investors or buyers seeking residential rental income without waiting for tenant turnover, a unit with tenants already in place can be appealing. The configuration and per-bedroom bathroom setup are also well-suited to student and professional renters who prioritize privacy, while the community amenity base may help support consistent occupancy.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.6k | $14.40 |
| − Vacancy | −$992 | −$0.66 |
| EGI | $20.6k | $13.74 |
| − OpEx | −$9.3k | −$6.18 |
| NOI | $11.3k | $7.56 |
1,498 SF · lease $14.40/SF/yr · vacancy 4.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$161.7K
$141.5K – $188.6K
NOI $11,318 @ 7.0% cap · market cap 5.17%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$221.5K
$193.8K – $258.4K
NOI $15,504 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Central
- County
- Pickens
- State
- South Carolina
- Longitude
- -82.789924
- Latitude
- 34.70952
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - Turnkey townhouse unit in a student housing community with existing tenants and a privacy-focused bedroom and bath layout.
Where is this single family property located?
The property is located at 116 university village Drive Central, SC.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: Townhouse at 116 University Village Dr #D, Central, SC 29630, built in 2002; 4 beds, 4 baths, 1,498 sqft townhouse layout; Tenants already in place in 2 units at University Village (Unit D included)
