This listing includes 14 leased units at McDaniel Heights Condos. The rapid appreciation of land in this close to downtown development makes this an excellent long term investment for the savvy investor. The story here is less about current CAP rate and more about appreciation and future potential. Listing includes the following units: One – bedroom units: 9F, 10C, 1A, 13B, 12F, 5D, 5E, 8F, 5F Two – bedroom units: 13C, 4D, 1B, 6C, 13A, 11C Individual units priced at from $140,900 – 222,900 Lease rates range from $750/mo (long-term tenant) to $1050/mo. Leases transfer with sale at closing. Taxes based on 6% rate. Less than 2 miles to Prisma Health System, Swamp Rabbit Trail, Greenville Medical School Campus, and downtown Greenville. This is a thriving area convenient to Greenville Tech, Laurens Rd, Downtown. Great Schools and great opportunity to invest in this area.

Property Details

Price:
$2,456,900
MLS #:
1434929
Status:
Active
Type:
Multi Family
City:
Greenville
Listed Date:
Jan 11, 2021
State:
SC
ZIP:
29601
Subdivision:
Augusta Road

Schools

Elementary School:
Sara Collins
Middle School:
Hughes
High School:
J. L. Mann

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