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5075 Hard Scrabble Road
Blythewood, SC 29016
Asking Price
$2.20M
Asset Type
Residential Multifamily
Class
Class B
What's Special
±13.24 -Acre Multifamily Site with Excellent Visibility on Hard Scrabble Road | Columbia, SC <ul><li>Zoned within Rice Creek PUD, allowing up to 14 units per acre by right</li><li>Located in a high-growth area of northeast Columbia</li><li>Hard Scrabble Road expanded to five lanes, improving traffic flow and access</li><li>Close proximity to Lake Carolina and major retail, including Walmart</li><li>Easy access via I-77 (Exit 22 / Killian Road) and I-20 (Exit 80 / Clemson Road)</li><li>Approved for DOT curb cut</li></ul>
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NOI
$80,000
Cap Rate
3.64%
DSCR
0.61
Underwater
Cash-on-Cash
-7.67%
Monthly Payment
$10,884.4
Annual Cash Flow
$-50,612.796