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Pacolet Pointe 280 McDowell St

36 Unit Block of Flats £2,537,892 (£70,497/Unit) Pacolet, SC 29372

Investment Highlights

  • Recently renovated
  • Ample Parking
  • Quiet

Executive Summary

**Investment Opportunity in Pacolet, South Carolina**
Discover this prime investment in Pacolet, South Carolina—a recently renovated multifamily property offering 36 units designed for modern living. Situated in a tranquil neighborhood, this property presents an exceptional opportunity for investors seeking to capitalize on a thriving rental market.
**Key Features:**
- **Location:** Located in Pacolet, South Carolina, known for its scenic beauty and community-oriented atmosphere.
- **Unit Count:** 36 spacious units, each thoughtfully renovated to attract discerning tenants.
- **Renovation Details:** Recently updated with modern finishes and amenities, ensuring tenant satisfaction and minimal maintenance.
- **Income Potential:** Solid rental history with potential for immediate income generation.
- **Community Amenities:** Includes [list any community amenities such as parking, laundry facilities, etc.].
- **Local Attractions:** Close proximity to [mention local attractions, schools, parks, and conveniences] enhancing tenant appeal.
- **Investment Appeal:** Stable cash flow opportunity with potential for value appreciation in a growing market.
- **Brand New Coin Operated (3)Washers and (3)Dryers in separate/onsite building will convey
This multifamily property in Pacolet, South Carolina, offers a rare combination of updated units, strategic location, and strong rental demand. Whether you're an experienced investor or expanding your portfolio, seize this chance to acquire a turnkey property in a promising rental market.
Contact us today to schedule a viewing and explore the potential of this outstanding investment opportunity in Pacolet, South Carolina.

Data Room Click Here to Access

Property Facts

Price £2,537,892
Price Per Unit £70,497
Sale Type Investment
No. Units 36
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 6.14 AC
Building Size 28,000 SF
Number of Floors 2
Year Built/Renovated 1984/2024
Parking Ratio 3.48/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 12 - 700
2+1 16 - 800
3+1.5 8 - 950

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3-29-00-058.02
Land Assessment
£67,834
Improvements Assessment
£1,624,094
Total Assessment
£1,691,928

zoning

Zoning Code Inst Neighborhood
Inst Neighborhood
  • Listing ID: 32586933

  • Date on Market: 25/07/2024

  • Last Updated:

  • Address: 280 McDowell St, Pacolet, SC 29372

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