OfferMarket

1680 Horseshoe Dr, Columbia, SC 29223, USA

$250,000

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OfferMarket Transaction History

  • This quadplex is expected to close July 2021 via Get Offers campaign.
  • This listing is part of a rental property portfolio sold exclusively via OfferMarket.

Overview

  • a home inspection was performed on Monday April 19th -- VIEW REPORT
  • Leased quadplex (4-unit). Current property manager: Great Jones

Comps

  • 1815 Horseshoe Dr (sold: $319,000 on 10/26/20)
  • 1718 Horseshoe Dr (sold: $315,000 on 6/15/20)

Floor plan & rents

  • Unit A: 2BR/2BA, 960 SF
  • Status: vacant
  • Unit B: 2BR/2BA, 960 SF
  • Monthly rent: $650
  • Lease expiration: 7-31-2021
  • Unit C: 2BR/2BA, 960 SF
  • Monthly rent: $650
  • Lease expiration: 9-30-201
  • Unit D: 2BR/2BA, 960 SF
  • Monthly rent: $700
  • Lease expiration: month-to-month

Rental Investor Notes

  • Target rents: $800/month per unit
  • Target cap rate: 7.5%

Tax

  • Tax district: 2ER
  • 2020 (non-homestead): $10,069.66
  • 2021 (homestead): $3,246.91

Seller Resources

Buyer Resources