308-311B Drake Circle
- Multi-Tenant Income Stream: Three separate units providing diversified rental income
- Value-Add Opportunity: Potential to increase rents and improve returns through strategic management
- Separately Metered Utilities: Minimizes landlord expenses and maximizes NOI
- Strong Rental Demand Area: Proximity to major highways and downtown Anderson supports occupancy
- Efficient Asset Management: Multiple units consolidated on a single parcel
- Flexible Exit Strategies: Suitable for long-term hold, repositioning, or resal
Property Description
309–311B Drake Circle, Anderson, SC — Value-add, multi-tenant investment opportunity consisting of three separate rental units on approximately ±0.50 acres within Anderson city limits. The asset includes three buildings totaling ±2,600 square feet, each equipped with separately metered power and water, allowing for efficient expense management and tenant accountability. This property is well-suited for investors seeking multiple income streams within a single, easily manageable location, with upside potential through lease optimization and operational improvements. 311B Drake Circle: ±500 SF 311A Drake Circle: ±800 SF 309 Drake Circle: ±1,300 SF
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $165,000 |
| No. of Units: | 3 |
| Lot Size: | 0.50 Acres |
| Opportunity Zone: | No |
| Price per unit: | $55,000 |
| Property Website | Click Here |
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