7 SFR Investment Portfolio

101 Jodibrook Ct Mauldin, SC 29662

FOR SALE
Property Type:
Other Hospitality
Amount:
Please Call Broker for Price

Last Verified:
Oct 16, 2018

Highlights

  • Solid Cap Rate 6.68%
  • • 7 Home SFR Investment Portfolio Offers a Great Investment Opportunity
  • • Fully Occupied
  • • Average Vintage of Homes throughout Portfolio is 2003

Description

This 7 Home Single Family Rental Investment portfolio is located in the Mauldin submarket. The average vintage of homes throughout Portfolio is 2003. Fully occupied and stabilized rents averaging monthly $1,250/$0.62 Average markets monthly rent $1,434/$0.72. All homes are 3/4 BD 2.5 Bath floor plans averaging 1306/SF. Immediate access to arterial streets and highways.

The City of Mauldin shines like a beacon in the heart of Upstate South Carolina – three hours from the coastline, just over an hour from the Blue Ridge Mountains, and 15 minutes from Greenville-Spartanburg International Airport. The City’s central location, convenient accessibility to I-85 and I-385, exceptional infrastructure support, incentives, and highly skilled work force make it the ideal landscape for businesses to locate.
Mauldin is also the perfect spot for families to call home. Recognized as the best place to buy a house in the state, the city’s 25,000 residents enjoy great schools, excellent parks, and recreational facilities. One of the most popular places to visit is the Mauldin Cultural Center, hosting nearly 30,000 people and over 1,000 events annually.

Building Size: 16024.0sq ft
Lot Size: 0.0 acres

Map of 101 Jodibrook Ct , Mauldin, SC, 29662

Presented by:
Thumb_pic

Request additional information
Icon_pic


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.