From $48,600 South Carolina student condos. 5 year
- Fully refurbished 1 and 2 bedroom condos in Gaffney, S Carolina
- Prices range from $48,600 to $77,000 and sizes 442 to 701 sq ft
- Local university has just signed a long term rental contract
- Additional management warranty providing 8% min net returns
- Completely remodeled with new roofs, doors, windows, wiring, plumbing, air con, kitchens & bathrooms
- Payment Terms: 20% deposit and balance before 30 July 2014.
- Just 45 minutes from Charlotte, one of the USA´s fastest growing cities
Best USA Property Investments is very proud to promote a selection of fully refurbished 1 and 2 bedroom apartments located in the city of Gaffney, South Carolina. It is perfectly located near transportation links, shopping, office parks and Limestone College.
There are 100 units in total (63 two bed and 37 one bed) spread throughout 33 low-rise buildings all of which have solid concrete block walls. Each property has been completely renovated including the replacement of roofs, windows, electrical wiring, plumbing, air- conditioning, and internal walls. Brand new kitchens complete with refrigerators and cookers have also been fitted along with modern bathrooms. Walk-in closets and additional storage are also included.
Now a mainstream global asset class in its own right, student accommodation has attracted institutional and individual investors alike due to the counter-cyclical nature of the sector as higher education enrolments have consistently grown during periods of economic downturn. It has performed exceptionally well as an asset class compared to traditional investments over the last few years.
In many locations, such as Gaffney, the supply of new accommodation has struggled to keep pace with the surge in enrolments. This shortfall of suitable accommodation has led to high occupancy rates and consistent rental growth.
The charming city of Gaffney in South Carolina has recently found fame as the hometown of Frank Underwood, the lead character in the hit TV series House of Cards played by Kevin Spacey. This city is known as the Peach Capital of South Carolina with The Peachoid, a 135-foot water tower, becoming one of the region’s most recognizable landmarks.
With the Commercial Historic District listed on the National Register of Historic Places, Gaffney retains a small town charm with numerous churches, a variety of shops including the Prime Outlets with over 80 brand name stores and a Farmers Market, numerous restaurants and a new 20-acre park.
Please contact us noe for brochure, floor plans, prices and availability.