Picadilly Street

Columbia SC 29201

25600 sq. ft.

Other

Currently for sale - view listing

Overview

Specs: 19 Doors | 64 Beds | 38 Baths | 7 Duplexes | 5 SFD. Portfolio spread out in approx 1 mile radius surrounding University of South Carolina. Financial Snapshot: Yearly Gross Rents: $717,600 | Gross Insurance: $23,819 | 2025 Taxes: $42,401 | 6 properties have a 20 year tax abatement (Bailey Bill) | 9 Cap Rate. Why Invest? Stable Income: Generate $59,800 in monthly gross rents. Leases in place until July 2027. Strategic Location: Close to University of SC, ensuring a steady pool of student tenants. High Demand: Benefit from the consistent demand for student housing over 40,000 student base. Value Appreciation: Potential for property value growth every year. Mix of newer construction and stud rehabs from 2019-2023 Consistent rent increases year over year. Will not subdivide portfolio. No showings until after contract. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Features

64 bedrooms

38 bathrooms

64 carspaces

25600 sq. ft. floor area

Other

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Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Keith Ancone

at Keller Williams Palmetto

View listing

Sales:: (619) 566-0008

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