IMG_1659

425 Summit Terrace Ct # 4
Columbia SC 29229

425 Summit Terrace Ct

425 Summit Terrace Ct located in beautiful Columbia, SC

Property Stats

Sale Price: $665,000 (6.8% CAP)
Building Size: 4,458 SF
Property Type: Office
Year Built: 2008

Contact Broker

Niles Helmboldt
Sales Associate

T: 803-766-0900 X 104
M: 803-807-1029
E: nhelmboldt@deweesreg.com

Highlights

• Fully leased, multi-tenant Office Building
• 4,458 SF on 0.10 AC
• Richland County TMS: 23000-03-30
• Built in 2008 with modern updates
• Excellent investment opportunity or owner/user potential to occupy the seller-occupied portion of the building

Financial Snapshot:

  • Annual Rental Income: $72,600
  • Taxes: $11,767
  • Insurance: $3,000
  • Utilities: $3,600
  • HOA Fee: $6,420
  • Misc. Maintenance/ Repairs: $2,500
  • Annual Expenses: $27,287

NOI: $45,313

Sales Price: $665,000 (6.8% CAP)

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