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656 Woodyard Rd
Trenton, SC 29847

Village Apartments · Multifamily Property For Sale · 24 Units

PROPERTY FACTS

No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 2.11 AC
Building Size 24,842 SF
Average Occupancy 95%
No. Stories 2
Year Built 1970
Parking Ratio 10/1,000 SF

About 656 Woodyard Rd , Trenton, SC 29847

24 Unit Low-Rise apartment building in Trenton, SC. This property sits squarely within an opportunity zone making it a prime candidate for an opportunity fund project. The property consists of two buildings, each with 12 units. The units are a mix of 1, 2 and 3 bedroom units. Projected gross income for 2019 is over 135k. 2019 YTD as of June 2019 is over 66k in gross income. The property has been well maintained, but there are many CapEx items that can be addressed to help with Opportunity Fund qualifications. In addition, these units could be significantly updated to further help. There may also be an opportunity add more units or a laundry facility depending upon scope of work. This property could be a great candidate for an Opp Fund. Trenton, SC is roughly 30 minutes from Augusta and Aiken. While Trenton may be small, there is a significant amount of employment and industry in this small area. Such employers include, Samsung facility, Bridgestone Tires facility, US Fibers facility and large scale plant nurseries. Owner is currently in process of changing management as they were unhappy with previous management. We will require an LOI or ratified contract before showing. Financials can be sent on request.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - 600
2+1 12 - 750
3+2 8 - 1,000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
173-00-02-023-000
Land Assessment
$9,150
Improvements Assessment
$24,600
Total Assessment
$33,750
  • Listing ID: 16512645

  • Date on Market: 7/3/2019

  • Last Updated:

  • Address: 656 Woodyard Rd, Trenton, SC 29847

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