Residential Income Property with Screened
For Sale
$284,900
241 Landing Ln, Bluffton, SC 29909
Low-maintenance villa living combines an open interior, private bedroom arrangement, and access to Sun City’s active-adult amenities.
Property Size1,063 SF
Price / SF$268.02
Days on Market56
Property Features for 241 Landing Ln
General Information
Standard status
Active
Size
1,063 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
clubhouse
golf
restaurant
fitness center
outdoor pool
walking paths
screened porch
Building Details
Year Built
2005
Listing Agency:
Keller Williams Realty
(843) 682-8100
Listed By:
Michael Broadhurst · License #4130
(843) 837-7773
Source:
Thebroadhurstgroup
Added: Aug 20
Changed: Oct 13
Last Checked: Oct 12 at 7:23PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This 1,063-square-foot residential income property was built in 2005 and configured as a two-bedroom, two-bath villa. The interior includes an open great room and dining area, LVP flooring, and a kitchen with granite countertops, a pantry, and built-in desk space. A split-bedroom layout separates the primary suite from the guest bedroom. The primary suite includes a walk-in closet, raised vanity, and walk-in shower.
Outdoor living extends to a screened porch with tile flooring and a ceiling fan, positioned toward a wooded preserve. The property also includes a two-car garage equipped with a washer, dryer, and utility sink. It is located at 241 Landing Ln in Bluffton, within Sun City, a 55+ active-adult community. Hidden Cypress Clubhouse, golf, dining, fitness facilities, an outdoor pool, walking paths, and Bluffton shopping and services are identified nearby.
Outdoor living extends to a screened porch with tile flooring and a ceiling fan, positioned toward a wooded preserve. The property also includes a two-car garage equipped with a washer, dryer, and utility sink. It is located at 241 Landing Ln in Bluffton, within Sun City, a 55+ active-adult community. Hidden Cypress Clubhouse, golf, dining, fitness facilities, an outdoor pool, walking paths, and Bluffton shopping and services are identified nearby.
Key Highlights
- Two‑bedroom, two‑bath villa with 1,063 SF of living area
- Built in 2005 within Sun City, a 55+ active‑adult community
- Screened porch includes tile flooring and a ceiling fan
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,331
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,620
$226.6K
Cap Rate 7%
$161,871
$161.9K
Cap Rate 9%
$125,900
$125.9K
Market Conditions
NOI Build-Up for 1,063 SF
Gross rent
$21.7K $20.40/SF
− Vacancy
−$1.1K −$1.02/SF
EGI
$20.6K $19.38/SF
− OpEx
−$9.3K −$8.72/SF
NOI
$11.3K $10.66/SF
Area
Beaufort County, SC
Vacancy
5.00%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,620
Cap Rate 7%
$161,871
Cap Rate 9%
$125,900
Alternative Uses
Best Use
Apartment 5plus
$161.9K
$141.6K – $188.9K
NOI $11,331 @ 7.0% cap · market cap 3.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$320.7K
$280.6K – $374.2K
NOI $22,451 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 29909, SC
23,621
Population
12,635
Households
1.9
Avg Household Size
68
Median Age
50%
College-Educated
98%
High-School Grad
55.7 sq mi
ZIP Area
424
Density / Sq Mi
$91,376
Median Household Income
$41,740
Median Earnings
$2,174
Median Rent
$416,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Low-maintenance villa living combines an open interior, private bedroom arrangement, and access to Sun City’s active-adult amenities.
Where is this residential income property located?
The property is located at 241 Landing Ln Bluffton, SC.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: Two‑bedroom, two‑bath villa with 1,063 SF of living area; Built in 2005 within Sun City, a 55+ active‑adult community; Screened porch includes tile flooring and a ceiling fan
