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Multifamily

Greene Street Condos

2002 Greene St, Columbia, SC 29205

Listing Price: $2,125,000

Cap Rate
5.76%
Number of Units
17
GRM
7.82
Occupancy
95.0%
Price/Unit
$125,000

Investment Overview

Marcus & Millichap is pleased to present the Greene Street Condos, a centrally located multifamily property situated at 2009 and 2002 Greene Street in Columbia, South Carolina. Positioned in the heart of Five Points, one of Columbia’s most vibrant and walkable neighborhoods, the property benefits from its prime location less than a mile from the University of South Carolina. This proximity to a major university drives strong rental demand from students, faculty, and young professionals. Additionally, tenants enjoy direct access to a variety of restaurants and retailers located on the first floor, enhancing convenience and walkability. HOA covers all exterior, master insurance, landscaping, building maintenance, elevator, sewer, water and trash. The property also offers a unique value-add opportunity, allowing investors to capitalize on potential unit enhancements and rent repositioning.

With its prime location in a high-demand submarket and strong fundamentals, Greene Street Condos presents an attractive opportunity for investors seeking stable cash flow with long-term appreciation potential.

Investment Highlights

  • Centrally Located Condo Property in Columbia's Five Points District
  • Less Than a Mile From the University of South Carolina, Driving Strong Rental Demand
  • Value-Add Opportunity Through Unit Enhancements & Rent Repositioning
  • Ground-Floor Restaurants & Retailers Offer Convenience & Walkability for Tenants
  • Proximity to Major Dining, Shopping & Entertainment in Five Point
  • Attractive Investment in a High-Growth, Student & Professional Rental Market

Exclusively Listed By

Multifamily

Greene Street Condos

Listing Price: $2,125,000

Cap Rate
5.76%
Number of Units
17
GRM
7.82
Occupancy
95.0%
Price/Unit
$125,000

Investment Highlights

  • Centrally Located Condo Property in Columbia's Five Points District
  • Less Than a Mile From the University of South Carolina, Driving Strong Rental Demand
  • Value-Add Opportunity Through Unit Enhancements & Rent Repositioning
  • Ground-Floor Restaurants & Retailers Offer Convenience & Walkability for Tenants
  • Proximity to Major Dining, Shopping & Entertainment in Five Point
  • Attractive Investment in a High-Growth, Student & Professional Rental Market

Investment Overview

Marcus & Millichap is pleased to present the Greene Street Condos, a centrally located multifamily property situated at 2009 and 2002 Greene Street in Columbia, South Carolina. Positioned in the heart of Five Points, one of Columbia’s most vibrant and walkable neighborhoods, the property benefits from its prime location less than a mile from the University of South Carolina. This proximity to a major university drives strong rental demand from students, faculty, and young professionals. Additionally, tenants enjoy direct access to a variety of restaurants and retailers located on the first floor, enhancing convenience and walkability. HOA covers all exterior, master insurance, landscaping, building maintenance, elevator, sewer, water and trash. The property also offers a unique value-add opportunity, allowing investors to capitalize on potential unit enhancements and rent repositioning. With its prime location in a high-demand submarket and strong fundamentals, Greene Street Condos presents an attractive opportunity for investors seeking stable cash flow with long-term appreciation potential.

Exclusively Listed By

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