300 Miles Jamison is a $3,050,000, 20,400 square foot home on a 1.00 acre lot located in Summerville, SC.
SUMMERFIELD provides an opportunity to purchase a value-add townhomecomplex in one of the fastest growing markets in the Southeast. Significantrent growth can be easily achieved following the upward trend of thesurrounding apartments in the area. Over the past two years, roughly 70%of units have been renovated. The layouts are very desirable: all aretownhome style with 2 bedroom, 1.5 baths, w/d hook ups, dishwashers,central HVAC, and all 20 units feature new private back patio sliding doors.The property would give an investor the opportunity to push rents to market,take advantage of the high market rent growth (roughly 8-10% rent growthannually), and own a multifamily asset in one of the strongest MSA's in SC.Most 1980s townhome products in Summerville Market is pushing $1400today. There is also the opportunity to implement utility bill back as well.
|Above Grade Sqft||20,400|
Commercial For Sale
|Property Sub Type|
62 - summerville/ladson/ravenel to hwy 165
Based on information from the South Carolina Commercial MLS, last updated 12/01/2023 at 03:21pm MST. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.