Investment Overview

Marcus & Millichap is pleased to present Woodbine Park Apartments, a 93-unit value-add multifamily investment opportunity in West Columbia, South Carolina. The property consists entirely of two-bedroom, one-bath townhome units featuring efficient floor plans, spacious kitchens, and washer and dryer hookups. Located along Platt Springs Road in rapidly growing Lexington County, Woodbine Park offers convenient access to Downtown Columbia, the State Street district, major employers, and an abundance of nearby retail and dining amenities. Under long-term ownership, current rents are approximately $220 below market, providing investors with a clear value-add opportunity. Comparable two-bedroom properties average approximately $1,190 per month, with the potential to achieve $1,200 to $1,300 per month through strategic interior and exterior improvements, creating meaningful upside in net operating income and asset value. West Columbia and Lexington County continue to experience strong economic and population growth, supported by expanding industrial development, major healthcare and manufacturing employers, continued investment in Downtown Columbia, and the ongoing revitalization of West Columbia's State Street district, all of which contribute to sustained apartment demand.