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Multifamily Townhouse Unit

116 university village Drive Central, SC 29630

116 university village Drive, Central, SC, 29630
$210,000
For Sale
$210,000

MULTI_FAMILY - Central, SC

Property Size1,498 SF
Price / SF$140.19
Days on Market248

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
Heat Pump, Central Air
Water source
Public

Building Details

Year built
2002
Floors in Building
2
Roof type
Composition, Shingle
Listing Agency Axcent Realty
100 NW Main, Easley, SC
Listed by Denise Parrett · License #97351
Added: Nov 14, 2025 Checked: Jul 20 at 12:06 pm
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.


Investment Insights

Based on property information with market context.

This offering includes Unit D at 116 University Village Drive, a townhouse built in 2002 with a 4-bedroom, 4-bathroom layout. The configuration is designed for privacy and convenience, with individual bathrooms tied to each bedroom. The open-concept living areas flow into the kitchen and dining spaces.

The property is part of University Village, an established student housing community. Residents have access to resort-style pools with sundecks, a fitness center, volleyball courts, and a clubhouse with study and lounge areas, along with walking trails and recreation spaces. The community is described as being positioned near Clemson University and Tri-County Technical College, as well as shopping, dining, and entertainment.

With tenants already in place in two units, this can be positioned as a turnkey income-producing opportunity for an owner looking to step into an operating rental arrangement.

Key Highlights

  • Townhouse unit D at 116 University Village Dr built in 2002 with 4 beds, 4 baths, and 1,498 sqft
  • Tenants already in place in 2 units, providing immediate rental occupancy per listing remarks
  • Heating and cooling: heat pump heating and central air

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 (±1% cap)
NOI $11,318 @ 7.0% cap · market cap 5.39%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$221.5K
$193.8K – $258.4K (±1% cap)
NOI $15,504 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Parking Lot & Garage Building Supply HVAC Service Nail Salon Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store Garden Center Skin Care Clinic

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

FAQs

What type of property is this?
Apartment building - Unit D is a 4-bedroom, 4-bath townhouse built in 2002 with tenants already in place for two units.
Where is this apartment building located?
The property is located at 116 university village Drive Central, SC.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Townhouse unit D at 116 University Village Dr built in 2002 with 4 beds, 4 baths, and 1,498 sqft; Tenants already in place in 2 units, providing immediate rental occupancy per listing remarks; Heating and cooling: heat pump heating and central air
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