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Multifamily

Colleton & Bayne Street Portfolio

735 Colleton St, Orangeburg, SC 29115

Listing Price: $425,000

Cap Rate
5.84%
Number of Units
6
Price/Unit
$70,833
Price/Gross SF
$70.83
Gross SF
6,000

Investment Overview

Marcus & Millichap is pleased to present the Colleton & Bayne Street Portfolio located in Orangeburg, South Carolina. The portfolio consists of 3 Townhome Units located on Colleton Street and 3 Single Family Rental Homes located on Bayne Street. The portfolio has upside potential in raising rents and leveraging newly renovated units in a growing market. Colleton Street Townhomes are 900 SQFT, 3 Bedroom 3 Bath units with each unit having off-street parking, a back deck, and separately metered water & electricity. Each unit can also be rented out by the bedroom for a higher rate by local college students or professors. Bayne Street Single Family Rental houses are all on a +/-76 Acre parcel. Each home is a 1,100 SQFT,2Bedroom 1 Bath with a full kitchen and living room. All 3 homes have individual driveways for off-street parking and porches.

Investment Highlights

  • Opportunity to Leverage Newly Renovated Units in a Growing Market
  • Value - Add Potential in the Ability to Increase Rents
  • Centrally Located in the Growing Orangeburg Market

Exclusively Listed By

Multifamily

Colleton & Bayne Street Portfolio

Listing Price: $425,000

Cap Rate
5.84%
Number of Units
6
Price/Unit
$70,833
Price/Gross SF
$70.83
Gross SF
6,000

Investment Highlights

  • Opportunity to Leverage Newly Renovated Units in a Growing Market
  • Value - Add Potential in the Ability to Increase Rents
  • Centrally Located in the Growing Orangeburg Market

Investment Overview

Marcus & Millichap is pleased to present the Colleton & Bayne Street Portfolio located in Orangeburg, South Carolina. The portfolio consists of 3 Townhome Units located on Colleton Street and 3 Single Family Rental Homes located on Bayne Street. The portfolio has upside potential in raising rents and leveraging newly renovated units in a growing market. Colleton Street Townhomes are 900 SQFT, 3 Bedroom 3 Bath units with each unit having off-street parking, a back deck, and separately metered water & electricity. Each unit can also be rented out by the bedroom for a higher rate by local college students or professors. Bayne Street Single Family Rental houses are all on a +/-76 Acre parcel. Each home is a 1,100 SQFT,2Bedroom 1 Bath with a full kitchen and living room. All 3 homes have individual driveways for off-street parking and porches.

Exclusively Listed By

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