This offering is a bulk sale of 15 townhomes in Moncks Corner with individual tax map numbers. Currently 94% leased. This is a great opportunity for investor to acquire a solid portfolio that has great long term potential. Current rents total $115,440 annually. Cap rate is 8.66%. Full package of income and expenses are available Tenants have off street parking. Additional TMS#s : 211) # 142-11-02-001/65/066/068 (213) # 142-11-02-011/032/033/034/035/036 (215) # 142-11-02-070/071/072/073/074PLEASE DO NOT CONTACT RESIDENTS. THIS CAN ONLY BE SHOWN BY APPOINTMENT THROUGH LISTING AGENT. ALSO LISTED AS COMMERCIAL #29928727
Listing Date: 01-28-2016
Sold Date: 05-04-2016
Aprox Days on Market: 
3 month(s), 5 day(s)
Listing Sold: 
10 Year(s), 1 month(s), 14 day(s) ago
Original Asking Price: $749,000
Asking Price: $749,000
Selling Price: $675,000
Price Difference From Original:
Reduced By $74,000
Price Difference From Asking:
Reduced By $74,000
Grazing Permits Forest Service: No
Grazing Permits Private: No
Grazing Permits Blm: No
Horse: No
Farm Credit Service Incl: No
Year Built: 1982
Rent Control: No
Pool Private: No
Gar Pkg: Other (Use Remarks)
Garage: No
Attached Garage: No
Fireplace: No
Lot Size Units: Acres
Acres: 0.00
Irrigation Water Rights: No
Mobile Home Remains: No
Property Type: B
Stories: 2
Foundation: Slab
Exterior: Brick Veneer, Vinyl Siding
New Construction: No
Roof: Asphalt
Building Area Units: Square Feet
Entry Location: Ground Level
View: No
Home Warranty: No
Habitable Residence: No
Structure Type: Townhouse
Sold Date: 2016-05-04T00:00:00
Lease Renewal Option: No
Lease Considered: No
Lease Assignable: No
Unit Sqft: 1,113
Unit Sqft: 1,114
Unit Sqft: 1,056
Unit Sqft: 1,080
Unit Sqft: 1,080
Unit Sqft: 1,122
Unit Sqft: 1,080
Sqft: 16280
Unit Sqft: 1,080
Number of Units Total: 15
Water Source: Public
Heating: Yes
Heat: Electric, Heat Pump
Water Sewer: Public Sewer
Cooling: Yes
Waterfront: No
Courtesy of listing office The Group, LLC