Courtyard West — Sale in Columbia, SC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Columbia, SC 29210

Photos

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Investment Figures

Cap rate
6.25%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present Courtyard West Apartments, a 36-unit multifamily community located in Columbia, South Carolina. Originally built in 1982 and comprehensively renovated in 2019, the property is situated on 2.67 acres and comprises 36 two-bedroom, two-bathroom units. The 2019 renovation delivered a comprehensively modernized asset with all units featuring stainless steel appliances, in-unit washer and dryers, new kitchen cabinets and countertops, and fully remodeled bathrooms. Every unit features a double master bedroom layout with two full bathrooms, delivering a differentiated product format in the Columbia market and broadening tenant appeal. The broader Columbia MSA continues to benefit from sustained population and employment growth anchored by state government, the University of South Carolina, Fort Jackson, Prisma Health, Lexington Medical Center, Blue Cross Blue Shield of South Carolina, Michelin, Amazon, Dominion Energy, and Nephron Pharmaceuticals. Courtyard West offers direct access to I-26 with proximity to downtown Columbia and the region’s major employment centers. Investment Highlights: • 2019 Comprehensive Renovation: All 36 units fully renovated in 2019 with new kitchens, cabinets, countertops, and fully remodeled bathrooms. • Double Master Bedroom Layout: Every unit features a double master bedroom layout with two full bathrooms, a differentiated product in the Columbia market. • In-Unit Washer/Dryers: Stainless steel appliances, in-unit washer/dryers, and modern kitchen finishes across all 36 units. • Columbia Interstate Access: Direct I-26 access to downtown Columbia and convergence of I-20 and I-77 providing central Southeast connectivity. • Columbia MSA Employment Base: Anchored by state government, USC, Prisma Health, Fort Jackson, Blue Cross Blue Shield of South Carolina, and Michelin.

Market Context

This multifamily in Columbia, SC is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Columbia, SC — view the full market.

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