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Property profile & analytics
OFF-MARKET
Dormitories

901 Reid St Newberry, SC 29108

3,050 SF
Property ID
US77-1764468
Property summary
AI-generated overview

This exceptional investment opportunity presents two newly constructed duplexes totaling 3,050 square feet, ideally situated in Newberry, South Carolina. Each duplex boasts three bedrooms and two bathrooms, perfect for student housing. The open-concept living areas feature luxury vinyl flooring throughout, while the kitchens are equipped with brand-new appliances, granite countertops, and large walk-in pantries. Currently fully leased, this property offers immediate cash flow and strong potential for future appreciation. Located less than a mile from Newberry College and the vibrant downtown area, the property benefits from its proximity to both academic and social amenities. Newberry itself has been recognized as one of America's most charming small towns, offering a desirable lifestyle and strong rental demand. The strategic location also provides easy access to larger cities, with Columbia, SC, just 45 miles away and Greenville, SC, approximately 66 miles distant. The asking price for this turnkey investment is $925,000. Property APN is 341-2-10-2. This is a rare chance to acquire a high-quality, income-producing asset in a thriving South Carolina community.

Property profile
Verified
Property type Dormitories
Total area 3,050 SF
UPID US77-1764468
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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