21 Middleton Blvd Williamston, SC 29697-1037
- Investment properties
- 6,389 SF
- 1.78 lot acres
Current Use by Public Records
- Middleton Boulevard Apartments / Apartment Complex
Property Details for 21 Middleton Blvd
- Year built
- 2001
- Lot size
- 1.78 lot acres
- Property size
- 6,389 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 244-00-14-006
- APU
- 2440014006
Description
This exceptional 31-unit apartment building, located at 21A Middleton Boulevard in Williamston, South Carolina, presents a compelling investment opportunity. Built in 2002, this meticulously maintained brick complex boasts 39,666 square feet on a 1.78-acre lot (APN 244-00-14-006). The property features 12 garages, offering significant potential for increased revenue through rental or supplemental services. Currently averaging $794 per unit in rent, there's substantial upside potential, with comparable units in the area commanding $950 per month. This translates to a potential monthly rental income increase of $4,300 with professional management. The property's prime location directly across from highly-rated Palmetto Elementary, Middle, and High Schools ensures consistent demand and a stable tenant base. Williamston's thriving community, situated just 15 minutes from Greenville and Anderson, and within easy reach of major transportation arteries (I-85), offers a blend of residential, commercial, and recreational attractions. The nearby Williamston Mineral Spring Park hosts numerous annual events, further enhancing the area's appeal. This property is zoned Residential (Res) and represents a rare opportunity to acquire a well-maintained, high-potential multifamily asset in a desirable location. The current owners have provided on-site management since 2008, ensuring consistent upkeep and tenant satisfaction. This turnkey investment is priced at $3,000,000 and offers immediate returns with significant long-term growth prospects.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Williamston
- County
- Anderson
- State
- South Carolina
- Longitude
- -82.4771
- Latitude
- 34.6277
- CBSA code
- 24860
- CBSA name
- GREENVILLE-ANDERSON, SC METROPOLITAN STATISTICAL AREA