1929 Blf Rd Columbia, SC 29201-5100

Property Details for 1929 Blf Rd

Year built

2008

Construction

FRAME

Lot size

16.47 lot acres

Property size

4,807 SF

Zone code

PDD-R

Property type

Commercial real estate

APN

R11100-01-14

APU

R111000114

Description

This exceptional investment opportunity presents a turnkey, 9-unit student housing portfolio in Columbia, South Carolina, ideally situated near the University of South Carolina campus. Built in 2008, this two-story property boasts 34 beds across a mix of unit sizes: five four-bedroom units, three three-bedroom units, and one five-bedroom unit, catering to diverse student needs. The property is fully occupied for 2024/2025, projecting a 5-10% rent increase from last year. Residents enjoy a gated community setting with amenities including two swimming pools, a fitness center, a clubhouse, and recreational courts (basketball and volleyball). A convenient shuttle service to the university campus is provided. Professional, on-site management ensures efficient operations and hassle-free ownership. This meticulously maintained property offers a strong return on investment, with rent rolls available upon request. The property is being sold as a complete package, presenting a rare opportunity to acquire a high-performing, established student housing portfolio in a prime location. The asking price is $2,379,000, representing a price per unit of $264,333.33. This is a truly turnkey investment, ideal for those seeking a passive income stream with minimal management responsibilities. The property's location, amenities, and strong occupancy rates make it a highly desirable investment.

Location Insight

City

Columbia

County

Richland

State

South Carolina

Longitude

-81.001

Latitude

33.959

CBSA code

17900

CBSA name

COLUMBIA, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments