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Waterforde Place – 48 Units

SOLD

1070 Jessamine Trail


29150

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Property Id : 30481
Rooms: 0
Bedrooms: 2
Bathrooms: 1
acres: 3.96
Year Built: 1999
Units: 48
Floors No: 2

About this property

Waterstone Multi-Housing Advisors is pleased to present Waterforde Place; a 48 unit complex located in Sumter, South Carolina. This property was built in 1999 and consists of 6, 2-story buildings located on two parcels at 1.97 & 2.11 acres. The property consists of all two bed/one bath units averaging +/- 1000 square feet per unit. All units are individually metered and the tenants pay for their own electric and water. Each tenant is provided a 1 car detached garage, which is included in their lease.

Sumter is home to Shaw Air Force Base, which is home to the Air Force’s largest combat F-16 wing – the 20th Fighter Wing. It also serves as the home to Headquarters Ninth Air Force/U.S. Air Forces Central, Fifteenth Air Force and U.S. Army Central Command. Out of the eight major military installations in the state, Sumter has the third largest military presence by total volume. Some of the major employers in Sumter include Shaw Air Force Base, Pilgrim’s Pride, Tuomey Healthcare System, Sumter School District, Becton Dickinson along with many other major employers within close proximity.

New ownership will have the opportunity to assume an attractive Fannie Mae loan with a fixed interest rate at 3.67% for the remaining 9 years.

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Tucker Bartley

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