Chestnut Court Apartments

Contact Broker For More Information: Grayson Burgess, CCIM
Phone: 864.631.2236

Sale Price: $2,530,000

15 buildings | 51 rental units

Price/Unit: $49,607

Proforma NOI: $187,270

98% occupied

Located in Opportunity Zone

Superior access off Hwy 521


The subject portfolio is located in a federal Opportunity Zone at the heart of Camden, South Carolina. The current owners purchased and put major capital improvements into the property, filled vacancy, and brought all rents up closer to market. These capital improvements include new roofs on all buildings, all new HVAC units, flooring and paint in most units, in addition to select other capital improvements.

Additionally, there is very little competition for rental units in this class within the market. Because of occupancy approaching 100%, rents can be gradually raised, increasing an investor’s yield even further.

Contact Grayson Burgess, CCIM for more information and Offering Memorandum.