Multifamily

Rivers Edge

520 E Buena Vista Ave, North Augusta, SC 29841

Listing Price: $4,320,000

Cap Rate
4.83%
Number of Units
72
GRM
8.63
Occupancy
93.73%
Price/Unit
$60,000
Price/Gross SF
$72.49
Gross SF
59,596

Investment Overview

Rivers Edge Apartments is a 72 unit community located in North Augusta, SC. Built in 1971 and converted to Affordable Housing in 2005, Rivers Edge is primed to be updated and converted to a market rate property. The property sits on 5 acres of land and consist of 72 one, two, and three bedroom units, and a leasing office. The floor plans offer large bedrooms and dens with washer and dryer connections in every unit. The two bedroom unit offers a unique vanity nook in the master bedroom which is a selling point for the two bed one bath unit.

Investment Highlights

  • 72 Units North Augusta, SC | Excellent Location
  • Less Than A Half Mile to North Augusta Greenway - Four Minute Bike Ride
  • Publix Grocery Store Only 1.5 Miles
  • U.S. Cyber Command Locating to Fort Gordon | Information Technology Jobs to Follow
  • Property Is Qualified Contract Eligible

Exclusively Listed By

Listing Price: $4,320,000

Cap Rate
4.83%
Number of Units
72
GRM
8.63
Occupancy
93.73%
Price/Unit
$60,000
Price/Gross SF
$72.49
Gross SF
59,596

Investment Highlights

  • 72 Units North Augusta, SC | Excellent Location
  • Less Than A Half Mile to North Augusta Greenway - Four Minute Bike Ride
  • Publix Grocery Store Only 1.5 Miles
  • U.S. Cyber Command Locating to Fort Gordon | Information Technology Jobs to Follow
  • Property Is Qualified Contract Eligible

Investment Overview

Rivers Edge Apartments is a 72 unit community located in North Augusta, SC. Built in 1971 and converted to Affordable Housing in 2005, Rivers Edge is primed to be updated and converted to a market rate property. The property sits on 5 acres of land and consist of 72 one, two, and three bedroom units, and a leasing office. The floor plans offer large bedrooms and dens with washer and dryer connections in every unit. The two bedroom unit offers a unique vanity nook in the master bedroom which is a selling point for the two bed one bath unit.

Exclusively Listed By

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