Description
Two brand new 100% leased turn key duplexes, professionally designed and custom built by the Wilson Company. Extremely high quality finishes rarely seen in multifamily rental properties in Columbia. Each of the 4 apartments has 3 bedrooms, each with a private full bath & walk-in closets (a total of 12 bedrooms and 12 full baths). Very open living space with high ceilings, stained concrete floors, all appliances including washer/dryers in each unit are included, tankless hot water heaters, and separately metered for all utilities which the tenants pay. Less than 1 mile from the Vista, close to USC and uptown Columbia. Currently 100% leased for $9,100/month until 7/31/2024 and already pre-leased with leases and security deposits in hand for "next" school year at $10,000 per month / $120,000 per year rent starting 8/10/2024 until 7/31/2025. Additionally tenants pay an admin fee which is applied to admin fees, lawn maintenance, and pest control for an additional $1,250 per year per unit=$5,000 per year total. From Nov 7,2023 to 7-31-25 there is already $201,000 in booked revenue in place. This is a turn key property for a long term hold with virtually little if any maintenance expenses in 1st several years. Call Bill Graham (803) 331-4586
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0BEDS
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0.4ACRES
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12BATHS
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01/2 BATHS
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5,470SQFT
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$242$/SQFT
School Information
Description
Two brand new 100% leased turn key duplexes, professionally designed and custom built by the Wilson Company. Extremely high quality finishes rarely seen in multifamily rental properties in Columbia. Each of the 4 apartments has 3 bedrooms, each with a private full bath & walk-in closets (a total of 12 bedrooms and 12 full baths). Very open living space with high ceilings, stained concrete floors, all appliances including washer/dryers in each unit are included, tankless hot water heaters, and separately metered for all utilities which the tenants pay. Less than 1 mile from the Vista, close to USC and uptown Columbia. Currently 100% leased for $9,100/month until 7/31/2024 and already pre-leased with leases and security deposits in hand for "next" school year at $10,000 per month / $120,000 per year rent starting 8/10/2024 until 7/31/2025. Additionally tenants pay an admin fee which is applied to admin fees, lawn maintenance, and pest control for an additional $1,250 per year per unit=$5,000 per year total. From Nov 7,2023 to 7-31-25 there is already $201,000 in booked revenue in place. This is a turn key property for a long term hold with virtually little if any maintenance expenses in 1st several years. Call Bill Graham (803) 331-4586
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