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Multifamily Property for Sale

314 Jackson Ave Greenwood, SC 29646

314 Jackson Ave, Greenwood, SC, 29646
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For Sale
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Multifamily property available for purchase.

Property Size5,000 SF
Price / SF$79
AddedNov 12, 2024
Days on Market610
Last RefreshJun 27 at 12:16 am

Property Features for 314 Jackson Ave

General Information

Standard status
Active
Size
5,000 SF
Property subtype
Multifamily

Building Details

Year Built
1910

Listing office KDS Caine Commercial Real Estate

Listing date Nov 12, 2024

Source Crexi

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 KDS Caine Commercial Real Estate


Investment Insights

Based on property information with market context.

A multifamily property is available for sale. The property encompasses a total area of 5000 square feet.

Key Highlights

  • Historic charm with construction dating back to 1910
  • Property for sale
  • Additional property details available

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 $58.2k $11.64
− Vacancy −$27.0k −$5.40
EGI $31.2k $6.24
− OpEx −$14.0k −$2.81
NOI $17.2k $3.43
5,000 SF · lease $11.64/SF/yr · vacancy 46.40% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$245.1K
$214.5K – $286.0K (±1% cap)
NOI $17,157 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.57M
$1.37M – $1.83M (±1% cap)
NOI $109,949 @ 7.0% cap · market cap 27.84%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Kitson Mill Office/School ... Association / Organization

Suggested Use

HVAC Service Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Skin Care Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Multifamily property - Multifamily property available for purchase.
Where is this multifamily property located?
The property is located at 314 Jackson Ave Greenwood, SC.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Historic charm with construction dating back to 1910; Property for sale; Additional property details available
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