Listing Details

Offering 30 rental units, consisting of fourteen (14) single family residence rentals; 3 duplexes; an 8-unit multifamily complex; 2 commercial properties; and 6 vacant parcels of land, all located in Cheraw, SC, and all available in one (1) portfolio to be sold As-Is/Where Is. The fair market rent in 2023 in Chesterfield County is $642 and the fair market rent for a 2-bedroom is $780. Rents are higher in Cheraw and most 2/1's rent for $800+/month depending on location and condition. Rents have not been increased for some time, there's room to increase rents 50% to 100%. The properties are primarily concentrated near downtown Cheraw and eight (8) single family homes near Cheraw Airport. Many of the properties have been occupied for 5+ years.