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31706056
31706057

101 - 124 Kalynn, Greenwood, SC 29649

DW
SC 140410
McClendon Realty LLC
Listed by McClendon Realty LLC
$2,100,000
50 days on market
Updated 50 days ago

Destiny Acres

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 12,000
Net Rentable (SqFt) 12,000
Units 8
Cap Rate 6.89%
NOI $144,760
Pro-Forma Cap Rate 6.89%
Pro-Forma NOI $144,760
Price per SqFt $175
Class A
Year Built 2025
Buildings 8
Stories 2
Zoning Residential
Investment Type Net Lease

Multifamily | 8 Units | $262,500/unit

Marketing description

Eight individually parceled single family homes being sold as a portfolio. The subdivision is comprised

of twenty three lots and is in an HOA with an annual fee of $600 per home.

These homes are new construction 2025 and never occupied with semi-custom quality construction.

The homes feature approximately 1,500 square feet with 3 bedrooms and 2.5 bathrooms, designed

with durable, low-maintenance finishes and strong rental or resale appeal. Interior upgrades include

luxury vinyl plank flooring, custom cabinetry, quartz countertops, tile showers, and modern layouts.

Exterior features include Hardie siding, stamped concrete patios, and screened porches.

The homes are priced at $260,000 each and can be purchased individually or any combination up to all

eight homes. The homes are currently being offered for rent by the recently retained property manager

at $2200 per month per home with the tenant paying all utilities. landlord pays the HOA fee.

The 15 vacant lots are also available for purchase and ready for development.

Investment highlights

New construction Class A asset. Less than a mile to lake greenwood, Break on the Lake restaurant and the public boat docks/ramp.

Listing Contacts

DW
SC 140410
McClendon Realty LLC
Listed by McClendon Realty LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$144,760.00
$12,063.33/mo

Valuation Metrics

0
DSCR
6.89%
Cap Rate
6.89%
ROI

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Additional Information

Name
April Timms
License
133022
Brokerage
McClendon Realty
Brokerage Phone
(864) 404-6040
Title
Broker of Record
Name
David Walsh
License
140410
Brokerage Phone
864-720-4146
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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