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    OFF-MARKET
    Residential income homes

    116 Elgin Rd, Elgin, SC 29045

    1,900 SF Built 2024
    Property ID
    Property summary
    AI-generated overview

    This exceptional offering presents six brand-new, luxury single-story townhouses in the prestigious Watermill at Woodcreek Farms subdivision in Elgin, South Carolina. Each unit boasts approximately 1,900 to 2,150 square feet of living space, featuring high-end finishes throughout. The homes include frosted glass French doors, vaulted ceilings, a dramatic two-story great room skywall, hardwood floors, and gourmet kitchens with marble, granite, or quartz countertops, farm sinks, ledger stone backsplashes, stainless steel gas stovetops, GE appliances, and Frigidaire wine coolers. Soft-close cabinets, a 15.2 SEER HVAC system, and Rinnai tankless water heaters ensure both luxury and efficiency. Beautiful backyards are included, along with the convenience of community yard and landscape maintenance. Situated within walking distance of a new Publix shopping center (currently under construction), these townhouses offer a low-maintenance, high-quality lifestyle. The larger Woodcreek Farms community encompasses approximately 2,300 acres and includes a country club with a clubhouse and championship golf course, tennis courts, a swimming pool, numerous parks, miles of nature trails, and over a dozen lakes. The development is not age-restricted and features a mix of single-family homes, patio homes, and multi-family residences, with single-family home prices ranging from $350,000 to $2,000,000. This is a Class A, 2-building, 1-story multifamily property built in 2024, with residential zoning. The address is 116 Elgin Rd, Elgin, SC 29045. This is a developer-owned portfolio of six units.

    Property profile
    Verified
    Property type Residential income homes
    Year built 2024
    Total area 1,900 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Zoning & alternative use
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