This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
113 Mill St
Chester, SC 29706
Hillcrest Apartments · Multifamily Property For Sale · 25 Units
PROPERTY FACTS
| No. Units | 25 | Building Size | 19,497 SF |
| Property Type | Multifamily | Average Occupancy | 52% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built/Renovated | 1960/2023 |
| Building Class | C | Parking Ratio | 5.12/1,000 SF |
| Lot Size | 2.55 AC |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.55 AC |
| Building Size | 19,497 SF |
| Average Occupancy | 52% |
| No. Stories | 1 |
| Year Built/Renovated | 1960/2023 |
| Parking Ratio | 5.12/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Courtyard
About 113 Mill St , Chester, SC 29706
- Contact Trey Snellings For Additional Information: 404-406-4224 trey@ridgewoodcapitaladvisors.com The property has been meticulously maintained by local owners and offers significant value-add opportunities through new management efficiency. By increasing the average rent of $450/month to the in place high rent of $595, new ownership would experience a $43,500 increase in annual income. Over the current owners four year holding period they have fully renovated 17 units. This includes new windows, new exterior metal doors, new kitchen cabinets, remodeled bathrooms, new CVT tiles, new wall heat and air units, and electrical upgrades. All apartments come with stoves and refrigerators. The seven remaining units have been partially renovated. Exterior improvements include new windows, new exterior paint, new exterior metal doors, and new electrical. All roofs are less than five years old. All exterior paint is less than two years old.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 24 | $595.00 | 800 |
PROPERTY TAXES
| Parcel Number | 201-01-15-008-000 | Improvements Assessment | $36,600 |
| Land Assessment | $1,500 | Total Assessment | $38,100 |
PROPERTY TAXES
zoning
| Zoning Code | Commercial |
| Commercial |
Learn More About Investing in Apartment Buildings
