403 WORMWOOD LN Columbia SC 29209

Aline Capital is pleased to present the Woodland Place Apartments. This offering consists of the 8-unit multifamily property at 403 Wormwood Ln in Columbia, SC. This multifamily property was built in 1986 and is comprised of exclusively 2-bedroom, 2-bathroom units of approximately 1,080 sq. ft. each. Located just minutes from I-77, the VA Hospital, and shopping centers, the asset benefits from strong rental demand in a stable suburban submarket. Current rents reflect classic interior finishes, creating a clear value-add opportunity: targeted unit renovations have the potential to drive $200–$300 monthly rent increases per unit, aligning the property with renovated competitors in the area. This makes the property an attractive acquisition for investors seeking both immediate income and long-term appreciation through repositioning.

Value-Add Upside: Renovating interiors offers $200–$300 per unit rent growth, boosting NOI and long-term valuation.

Prime Location: Convenient to I-77/I-26, VA Hospital, schools, and retail centers.

Uniform Product Mix: All 2 bed / 2 bath (~1,080 sq. ft.), simplifying leasing and management.

Optimal Scale: 8 units over two stories — manageable size with efficient operations.