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Multifamily

Howell Court

3038 Howell Ct, Columbia, SC 29203

Listing Price: $1,500,000

Cap Rate
5.82%
Number of Units
28
Occupancy
96.0%
Price/Unit
$53,571
Price/Gross SF
$76.53
Gross SF
19,600

Investment Overview

Marcus & Millichap Is pleased to present Howell Court Apartments in Columbia SC. This Asset consists of 28 units and offers investors the opportunity to capitalize on an asset with rental increases. By continuing to renovate the the interior/exterior of the property and combined with the organic rent growth potential in the Columbia market. Investors can match rents with competing properties within the submarket, increasing their NOI as soon as year one. The Columbia market continues to experience significant growth, causing residents to seek an economic alternative to higher-priced rentals. Columbia’s sub-market has become an attractive market for manufacturing, communication, and logistics. Creating a significant increase in employment opportunities in the market. As the Columbia market continues to expand and gain national investor prominence, The Howell Court Apartments are perfectly positioned to leverage this growth opportunity moving forward.

Investment Highlights

  • Premier Suburban Location with Easy Accessibility to the Region's Top Economic Generators, Retail, Restaurants, and Entertainment.
  • Proven Rent Growth Potential and the ability to Implement an Interior Upgrade Program. allowing buyers to position these apartments as superior affordable alternatives.
  • Rapid Employment Growth & the Affordability in the Columbia MSA has Made this an Attractive Market for Investors

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Multifamily

Howell Court

Listing Price: $1,500,000

Cap Rate
5.82%
Number of Units
28
Occupancy
96.0%
Price/Unit
$53,571
Price/Gross SF
$76.53
Gross SF
19,600

Investment Highlights

  • Premier Suburban Location with Easy Accessibility to the Region's Top Economic Generators, Retail, Restaurants, and Entertainment.
  • Proven Rent Growth Potential and the ability to Implement an Interior Upgrade Program. allowing buyers to position these apartments as superior affordable alternatives.
  • Rapid Employment Growth & the Affordability in the Columbia MSA has Made this an Attractive Market for Investors

Investment Overview

Marcus & Millichap Is pleased to present Howell Court Apartments in Columbia SC. This Asset consists of 28 units and offers investors the opportunity to capitalize on an asset with rental increases. By continuing to renovate the the interior/exterior of the property and combined with the organic rent growth potential in the Columbia market. Investors can match rents with competing properties within the submarket, increasing their NOI as soon as year one. The Columbia market continues to experience significant growth, causing residents to seek an economic alternative to higher-priced rentals. Columbia’s sub-market has become an attractive market for manufacturing, communication, and logistics. Creating a significant increase in employment opportunities in the market. As the Columbia market continues to expand and gain national investor prominence, The Howell Court Apartments are perfectly positioned to leverage this growth opportunity moving forward.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

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