1/9

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1/9

Cheraw, SC 29520
Asking Price
$1.40M
Asset Type
Multifamily
Class
Class B

What's Special

Located at 1/9 in Cheraw, South Carolina, this multifamily asset is situated in a historic Chesterfield County community known for its small-town atmosphere and preserved architecture. The property sits within reach of the downtown business district, providing proximity to local government offices, retail shops, and dining options. Recreational green spaces, including Riverside Park and Cheraw State Park, are accessible nearby. Transportation is supported by Highway 1 and Highway 52, which serve as primary regional corridors connecting the area to Florence and Rockingham. The property is suited for residential conversion or continued multifamily operations to serve the local workforce. Potential tenants typically include employees in the regional manufacturing, healthcare, and education sectors. The location’s accessibility to municipal services and regional highways makes it a functional choice for individuals seeking proximity to Cheraw’s employment hubs. The asset offers a footprint consistent with high-occupancy rental needs for small households or professionals working within the central business district and surrounding industrial corridors.

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NOI
$80,000
Cap Rate
5.71%
DSCR
0.96
Underwater
Cash-on-Cash
-0.74%
Monthly Payment
$6,926.436
Annual Cash Flow
$-3,117.234

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