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Multifamily

Elm Creek Apartments

295 N Lawrence Ave, Swansea, SC 29160

Listing Price: $1,600,000

Number of Units
40
GRM
4.34
Price/Unit
$40,000
Price/Gross SF
$500.00
Gross SF
3,200

Investment Overview

Marcus & Millichap is pleased to present for sale Elm Creek Apartments in Swansea SC (Lexington County). Elm Creek was built in 1999 and consists of 40 units on 4.8 acres of land. Unit mix is comprised of one-bed one-bath, two-bed two-bath, and three-bed two-bath units. Each unit is individually metered for water and sewer. Lexington County consistently has the lowest unemployment rate in South Carolina.
Elm Creek is positioned approximately 21 miles south of the state capital, Columbia and 8 miles west of I-26. This proximity to the capital city makes it convenient for residents to access the services and amenities available in a larger urban area while still enjoying the benefits of small-town living.
Less than a mile from Elm Creek is a variety of stores such as a DG Market, Truist Bank, and the United States Postal Service giving residents easy access to essential services.
Swansea is served by the Lexington School District 4, which includes Swansea Primary School, Sandhills Middle School, and Swansea High School. These educational institutions play a vital role in the community and offer a range of academic and extracurricular opportunities for local students.
The town offers various recreational opportunities, including parks, community events, and sporting activities. The natural beauty of the surrounding area also provides opportunities for outdoor activities like hiking, fishing, and boating.
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Investment Highlights

  • Value Add Investment
  • Low Vacancy Market
  • Purchase Below Replacement Cost

Exclusively Listed By

Financing By

Multifamily

Elm Creek Apartments

Listing Price: $1,600,000

Number of Units
40
GRM
4.34
Price/Unit
$40,000
Price/Gross SF
$500.00
Gross SF
3,200

Investment Highlights

  • Value Add Investment
  • Low Vacancy Market
  • Purchase Below Replacement Cost

Investment Overview

Marcus & Millichap is pleased to present for sale Elm Creek Apartments in Swansea SC (Lexington County). Elm Creek was built in 1999 and consists of 40 units on 4.8 acres of land. Unit mix is comprised of one-bed one-bath, two-bed two-bath, and three-bed two-bath units. Each unit is individually metered for water and sewer. Lexington County consistently has the lowest unemployment rate in South Carolina. Elm Creek is positioned approximately 21 miles south of the state capital, Columbia and 8 miles west of I-26. This proximity to the capital city makes it convenient for residents to access the services and amenities available in a larger urban area while still enjoying the benefits of small-town living. Less than a mile from Elm Creek is a variety of stores such as a DG Market, Truist Bank, and the United States Postal Service giving residents easy access to essential services. Swansea is served by the Lexington School District 4, which includes Swansea Primary School, Sandhills Middle School, and Swansea High School. These educational institutions play a vital role in the community and offer a range of academic and extracurricular opportunities for local students. The town offers various recreational opportunities, including parks, community events, and sporting activities. The natural beauty of the surrounding area also provides opportunities for outdoor activities like hiking, fishing, and boating. |

Exclusively Listed By

Financing By

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