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$ 1,425,000
Est. payment /mo
Active
69 Lexington Drive #A-9 West Columbia, SC 29169
36 Beds
21 Baths
13,000 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 13,000 sqft
Price per Sqft $109
MLS Listing ID 640626
Bedrooms 36
Full Baths 21
Year Built 1960
Lot Size 3.000 Acres
Property Sub-Type Apartment
Property Description
This is a 21 unit property with a total of 36 bedrooms and 21 baths. 20 of the 21 units are currently leased. Gross current rents are $16,410 per month or $196,920 per year. Rents presently average only $455 per BR/month with substantial organic upside on rent rates. Many long term tenants - Those units need to be upgraded upon turnovers and projected rents should average $565 per bedroom, $20,340 per month or $244,080 per year. This listing offers substantial upside in value. As is and no owner financing of any kind. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.
Location
State SC
County Lexington
Area Cayce/West Cola/Airport/S. Congaree
Interior
Heating Gas 1st Lvl, Other
Cooling Window Units
Exterior
Parking Features Off Street
Garage Spaces 45.0
Pool None
Street Surface Paved
Building
Story 1
Foundation Crawl Space, Slab
Sewer Public
Water Public
Structure Type Vinyl
Schools
Elementary Schools Springdale
Middle Schools Fulmer
High Schools Airport
School District Lexington Two
Listed by Coldwell Banker Realty