1452 Elmtree Road

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1452 Elmtree Road

Columbia, SC 29209
Asking Price
$700K
Asset Type
Residential Land
Class
Class B

What's Special

±5.1-Acre Residential Infill Opportunity near Booming Garners Ferry Road Corridor | Columbia, SC <ul><li>​±5.1 acres well-suited for approximately 14 residential infill lots</li><li>​Water and sewer available via the City of Columbia along Elmtree Road and ±389 feet from the lots on Caroline Road</li><li>​Zoned R2 (Richland County)</li><li>​Within Richland School District One zoning: A.C. Flora High, Crayton Middle and Annie Burnside Elementary</li></ul>

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NOI
$80,000
Cap Rate
11.43%
DSCR
1.92
Strong
Cash-on-Cash
18.31%
Monthly Payment
$3,463.218
Annual Cash Flow
$38,441.383

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