Lullwater at Saluda Pointe

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Current Investment

Occupancy Rate: 98%

Purchase Price: 31,700,000

PALLAVI SHAH

DRE #1382040 | NMLS #353564

Real Estate & Broker | Investment Strategist | Real Estate Planning | Wealth & Legacy Planning

MORE ABOUT THE PROPERTY

Columbia – South Carolina 29072 | Lexington

OVERVIEW

2009(built)

280 units

24(land area)

11(no. of building)

1-3(bedroom options)

1-2(bathroom options)

325

Lullwater at Saluda Pointe is a garden-style apartment community consisting of 280 units located in Lexington S.C. (Columbia MSA). Built in 2009, the property is situated on 24 acres encompassing a net rentable area of 314,278 square feet. The property contains 11 three story buildings consisting of wood frame construction, vinyl siding exteriors, and pitched roofs of composition shingles; it has 325 surface parking spaces.

Prominent Growth With job growth outpacing the state and the nation, Columbia ranks as one of the Carolina’s highest metros for employment growth.

Transportation Columbia ranks nationally among the top five cities for its high number of intersecting interstate highways.

State Growth Total employment growth of 12% since 2011 is expected through 2019.

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