21 Middleton Blvd Williamston, SC 29697-1037
This exceptional 31-unit apartment building, located at 21A Middleton Boulevard in Williamston, South Carolina, presents a compelling investment opportunity. Built in 2002, this meticulously maintained brick complex boasts 39,666 square feet on a 1.78-acre lot (APN 244-00-14-006). The property features 12 garages, offering significant potential for increased revenue through rental or supplemental services. Currently averaging $794 per unit in rent, there's substantial upside potential, with comparable units in the area commanding $950 per month. This translates to a potential monthly rental income increase of $4,300 with professional management. The property's prime location directly across from highly-rated Palmetto Elementary, Middle, and High Schools ensures consistent demand and a stable tenant base. Williamston's thriving community, situated just 15 minutes from Greenville and Anderson, and within easy reach of major transportation arteries (I-85), offers a blend of residential, commercial, and recreational attractions. The nearby Williamston Mineral Spring Park hosts numerous annual events, further enhancing the area's appeal. This property is zoned Residential (Res) and represents a rare opportunity to acquire a well-maintained, high-potential multifamily asset in a desirable location. The current owners have provided on-site management since 2008, ensuring consistent upkeep and tenant satisfaction. This turnkey investment is priced at $3,000,000 and offers immediate returns with significant long-term growth prospects.
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Middleton Boulevard Apartments Apartment Complex
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.