SOLD 12/1/2023 FOR $7,620,000
$73,269 per unit
Deaton Investment Real Estate represented the buyer and the seller was represented by GREA in this off-market transaction. 3430 East Apartments are located in the St. Andrews submarket of North Columbia, SC. Built in 1972 the property features 104 units on 9.38 acres with a community pool, playground, an onsite office and laundry room. Additionally, the property is adjacent to St. Andrews Park, a popular neighborhood amenity. The property was 80% occupied at closing and the buyer plans to increase income through strategic value-add and operational improvements.
| Unit | Type | Size | Rent |
|---|---|---|---|
| 8 UNITS | 1 BD/1 BA | 790 SF | $801 AVG. |
| 80 UNITS | 2 BD/1 BA | 900 SF | $877 AVG. |
| 16 UNITS | 3 BD/1.5 BA | 1,200 SF | $1,094 AVG. |
| PIN | R06109-01-03 |
| Tax Value | $3,800,000 |
| Taxes | $101,748.80 |
| Lot Size | 9.38 ACRES |
| Year Built | 1972 |
| Exterior | BRICK, WOOD |
| Floors | CARPET, VINYL, LVP |
| Foundation | CRAWL |
| HVAC | CENTRAL HEAT & AIR |
| Utilities | OWERN PAYS WATER AND TRASH |
| Legal Description | #SU #PR |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, W/D CONNECTIONS (IN SELECT UNITS) |
| Sold Date | 2023-12-01 |
| Zoning | RM-HD |
Agent Information Michael Deaton