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Renovated 36-Unit Apartment Community
New
For Sale
$4,700,000

3406 Fernandina Rd, Columbia, SC 29210

Updated apartments feature two-bedroom layouts, two full bathrooms, stainless steel appliances, and in-unit laundry.

Property SizeContact for details
Lot Size2.67 Acres
Days on Market3

Property Features for 3406 Fernandina Rd

General Information

Standard status Active
Lot size 2.67 Acres
Property subtype Multifamily

Units

Unit Mix 36 x 2BR/2BA
Multifamily Units 36

Additional Details

Cap Rate 6.25%
Highway Access Yes

Amenities

2019 Comprehensive Renovation: All 36 units fully renovated in 2019 with new kitchens, cabinets, countertops, and fully remodeled bathrooms.
Double Master Bedroom Layout: Every unit features a double master bedroom layout with two full bathrooms, a differentiated product in the Columbia market.
In-Unit Washer/Dryers: Stainless steel appliances, in-unit washer/dryers, and modern kitchen finishes across all 36 units.
Columbia Interstate Access: Direct I-26 access to downtown Columbia and convergence of I-20 and I-77 providing central Southeast connectivity.
Columbia MSA Employment Base: Anchored by state government, USC, Prisma Health, Fort Jackson, Blue Cross Blue Shield of South Carolina, and Michelin.
Growing Columbia MSA: Columbia MSA continues to benefit from sustained population and employment growth across a diversified capital-city economy.

Building Details

Year Built 1982
Year Renovated 2019
Units 36
Listing Agency: Charleston Office
Listed By: Ryan Lipomi · License #License(s): SC: 118061, GA: 448949, NC: LC982
Source: Marcusmillichap
Added: Aug 13 Changed: Aug 14 Last Checked: Aug 14 at 3:29AM

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 Charleston Office

Investment Insights

Based on property information with market context.

Courtyard West is a 36-unit apartment community spanning 2.67 acres in Columbia, South Carolina. Constructed in 1982 and substantially updated in 2019, the property offers exclusively two-bedroom, two-bathroom residences. Unit improvements include stainless steel appliances, in-unit washers and dryers, replacement kitchen cabinetry and countertops, and fully renovated bathrooms. Each floor plan includes two primary bedrooms and two full bathrooms.

The property is located at 3406 Fernandina Rd with direct access to I-26. Downtown Columbia and major employment destinations across the market are nearby, including the University of South Carolina, Fort Jackson, Prisma Health, Lexington Medical Center, and state government offices. Additional regional employers identified in the surrounding market include Blue Cross Blue Shield of South Carolina, Michelin, Amazon, Dominion Energy, and Nephron Pharmaceuticals.

Key Highlights

  • 36‑unit apartment community on 2.67 acres
  • Built in 1982 and comprehensively renovated in 2019
  • All 36 units offer two bedrooms and two bathrooms

Property Analytics

Current Use

L.A African braids ... Hair Salon

Suggested Use

Top Pick Dental Office HVAC Service Law Firm Electrical Service Plumbing Service Cafe & Coffee Shop

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

36
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

765
Businesses Nearby

Demographics for 29210, SC

39,299
Population
19,592
Households
2
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
16.8 sq mi
ZIP Area
2,339
Density / Sq Mi
$50,258
Median Household Income
$32,240
Median Earnings
$1,076
Median Rent
$183,000
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 - Updated apartments feature two-bedroom layouts, two full bathrooms, stainless steel appliances, and in-unit laundry.
Where is this apartment building located?
The property is located at 3406 Fernandina Rd Columbia, SC.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: 36‑unit apartment community on 2.67 acres; Built in 1982 and comprehensively renovated in 2019; All 36 units offer two bedrooms and two bathrooms
More about this property
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