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A rare opportunity to own Sandy Bay Apartments. This two-story solid brick quadplex has 100% occupancy. There is substantial room for value-add opportunity, as several of the long-term tenants are considerably below market rent. Originally constructed in 1973, 808 Sandy Bay Road comprised of 4 units with 3366 sq ft. The floor plan includes a kitchen, living room, washer/dryer hook-up, two bedrooms, and one bathroom. All utilities are separately metered, including water and sewer, which immediately reduces the typical market expense burden for the new property owner. The tenants are on a month-to-month lease paying $550.00 per month. The property has a gross rental income of $26,400.00. The roof and HVAC are approximately 2-3 years old. There is a large open courtyard between additional multi-family properties available for a package deal.PROPERTY FEATURES
Number of Units : 1
Unit 1 Furnishings : Stove & Refrigerator
Unit 2 Furnishings : Stove & Refrigerator
Unit 3 Furnishings : Stove & Refrigerator
Unit 4 Furnishings : Stove & Refrigerator
Water : Public Water
Sewer : Public Sewer
Parking : Off Street
Number of Parking Spaces : 8
Roof : Architectural Shingle
Storage: Outside Storage
Heating : Central
Cooling : Central Air
Floors : Carpet,Laminate
Construction : Brick Veneer
PROPERTY DETAILS
Street Address: 808 Sandy Bay Rd
City: Kingstree
State: South Carolina
Postal Code: 29556
County: Williamsburg
MLS Number: 20223019
Year Built: 1973
Courtesy of United Real Estate SC
City: Kingstree
State: South Carolina
Postal Code: 29556
County: Williamsburg
MLS Number: 20223019
Year Built: 1973
Courtesy of United Real Estate SC
Courtesy of Brand Name Real Estate
