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12-Unit Apartment Development
For Sale
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128 Rio Rose Cir, Columbia, SC 29205

Newly built apartment units offer three-bedroom layouts with attached one-car garages and a phased expansion plan.

Property SizeContact for details
Days on Market144

Property Features for 128 Rio Rose Cir

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 12 x 3BR/3.5BA
Multifamily Units 12

Additional Details

Road Access Yes
Listing Agency: CENTURY 21 803 Realty
Listed By: Dustin Johns · License #SC 74882
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 8:30PM

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 CENTURY 21 803 Realty

Investment Insights

Based on property information with market context.

This apartment development is planned for 12 units, with five completed units and seven additional pad-ready units included in the offering. Each unit is designed with three bedrooms, 3.5 bathrooms, and a one-car garage that can support parking or storage. The remaining units are scheduled for construction within six months of contract.

The property is in Columbia, South Carolina, near the University of South Carolina, Williams-Brice Stadium, Fort Jackson, downtown, and Columbia’s interstate network. Shopping is within walking distance, while USC and downtown are approximately a three-minute commute away. Rosewood Dairy Bar is directly across the street.

The unit layout is positioned for professionals, students, and residents seeking lower-maintenance living. The combination of completed residences and pad-ready sites provides a mix of current improvements and planned expansion within one apartment property.

Key Highlights

  • 12‑unit apartment development with 5 existing units and 7 additional pad‑ready units
  • Each unit includes 3 bedrooms, 3.5 baths, and a one‑car garage
  • Remaining 7 units are planned for completion within 6 months of contract

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Grocery & Convenience Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

369
Businesses Nearby

Demographics for 29205, SC

23,586
Population
12,792
Households
1.8
Avg Household Size
34
Median Age
66%
College-Educated
96%
High-School Grad
6.5 sq mi
ZIP Area
3,629
Density / Sq Mi
$62,197
Median Household Income
$41,660
Median Earnings
$1,100
Median Rent
$335,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Newly built apartment units offer three-bedroom layouts with attached one-car garages and a phased expansion plan.
Where is this apartment building located?
The property is located at 128 Rio Rose Cir Columbia, SC.
What are key features of this property?
This property features: 12‑unit apartment development with 5 existing units and 7 additional pad‑ready units; Each unit includes 3 bedrooms, 3.5 baths, and a one‑car garage; Remaining 7 units are planned for completion within 6 months of contract
(803) 808-6060 Call to check price and availability
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