3505 Augusta Rd

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3505 Augusta Rd

Greenville, SC 29605
Asking Price
$1000K
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Fully Entitled 42-Unit Multifamily Development Opportunity <p>Prime August Road location in Greenville, SC</p><p>Major gateway corridor into the City of Greenville</p><p>Previously approved Site Plan, Civil Plans, and Building Plans</p><p>Approximately $200,000 of transferable third-party reports and plans included</p><p>Less than 1 mile from major retail, grocery, dining, and interstate access</p><p>Strong multifamily market fundamentals and continued regional growth</p>

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.449
Annual Cash Flow
$20,630.607

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