PRICE REDUCTION ~ Apartments For Sale

For Additional Information,

please contact:

Baugh/Gopal Streets & Middleton Street, Orangeburg, SC

Apartments located on Baugh & Gopal Streets just off Columbia Road near Chestnut.

Six 4plexes(2,464 +/- Sq Ft/4plex), 3 Duplexes(1,551 +/- Sq Ft/Duplex) & 1 Studio Apartment(720 +/-

Sq Ft): Each Unit features 2 BRs, 1 Bath, Den, Kitchen & Utility Room, except the Studio Apartment

w/1 BR & 1 Bath. Central HVAC, City Utilities & Concrete Parking Area. Units Built between 1990

& 2001.

Tax Map #s: 0174-13-08-014 (1.26 +/- Acres) & a Portion of TMS#: 0174-13-08-015 (0.37 +/- Acres).

2016 County Property Taxes: $19,918.62. Financials and Plat are Available.

Now Available for $1,100,000.00 ($37,931.03 per Unit)

R. Cal Bruner, Jr.

803-535-6208

www.calbruner.com

Ann Young

803-516-1493

ayoung@c21themooregroup.com

Apartments located at 1754 Middleton Street near the Post Office.

1 4plex Apartment Building (2,920 +/- Sq Ft): Each Unit features 2 BRs, 1 Bath, Den, Kitchen &

Utility Room. Central HVAC, City Utilities & Concrete Parking Area. Built in 1997.

Tax Map #: 0152-12-29-002 (0.41 +/- Acres)

2016 Property Taxes: $3,490.78 (County) $886.91 (City). Financials and Plat are Available.

PRICE REDUCTION ~ Now Available for $164,000.00 ($41,000.00 per Unit)

Middleton Street 4Plex

Interior Photos

Plats – Baugh & Gopal Streets

Plat – Middleton Street

Property Name Annual Property Operating DataLocation

Type of Property

Size of Property

Purpose of analysis

Assessed/Appraised Values

Land 0 15%

Improvements 0 85% Amort Loan

Personal Property 0 0% Balance Periodic Pmt Pmts/Yr Interest Period Term

Total 0 100% 1st 12

2nd 12

Adjusted Basis as of: 4-Apr-17

$/SQ FT %

ALL FIGURES ARE ANNUAL or $/Unit of GOI COMMENTS/FOOTNOTES

1 POTENTIAL RENTAL INCOME 190,000

2 Less: Vacancy & Cr. Losses ( 5.% of PRI ) 9,500

3 EFFECTIVE RENTAL INCOME 180,500

4 Plus: Other Income (collectable)

5 GROSS OPERATING INCOME 180,500

OPERATING EXPENSES:

7 19,918

8

9 9,513

10

11

12

13

14

15 8,102

16

17 14,803

18

19 2,744

20

21

22 7,926

23

24 Fire Contract

25 Garbage Collection

26 Grounds 1,508

27

28

29 64,514

30 115,986

31 -

32 Less: Participation Payments (from Assumptions) -

33 -

34 -

35 115,986

Authored by Gary G. Tharp, CCIM Copyright© 2006 by the CCIM Institute

Gopal Apartments

Baugh Street

Multi-Family

Multiple (Sq. Ft./Units)

Property Insurance

Cap Rate: 115,986/1,100,000 = 10.5%

1,100,000

1,100,000

Less: Leasing Commissions

Less: Funded Reserves

CASH FLOW BEFORE TAXES

NET OPERATING INCOME

Licenses/Permits

Utilities:

Electric

Water

Off Site Management

Payroll

Expenses/Benefits

Taxes/Worker's Compensation

2015 Rent Actually Collected: $182,000

Real Estate Taxes

Personal Property Taxes

Prepared by:

Prepared for:

Repairs

Accounting and Legal

$1,100,000

Repairs and Maintenance

The statements and figures herein, while not guaranteed, are secured

from sources we believe authoritative.

TOTAL OPERATING EXPENSES

Less: Annual Debt Service

Advertising

Supplies

Miscellaneous Contract Services:

Purchase PricePlus Acquisiition CostsPlus Loan Fees/CostsLess MortgagesEquals Initial Investment

Property Name Annual Property Operating DataLocation

Type of Property

Size of Property

Purpose of analysis

Assessed/Appraised Values

Land 0 15%

Improvements 0 85% Amort Loan

Personal Property 0 0% Balance Periodic Pmt Pmts/Yr Interest Period Term

Total 0 100% 1st 12

2nd 12

Adjusted Basis as of: 4-Apr-17

$/SQ FT %

ALL FIGURES ARE ANNUAL or $/Unit of GOI COMMENTS/FOOTNOTES

1 POTENTIAL RENTAL INCOME 26,400

2 Less: Vacancy & Cr. Losses ( 5.% of PRI ) 1,320

3 EFFECTIVE RENTAL INCOME 25,080

4 Plus: Other Income (collectable)

5 GROSS OPERATING INCOME 25,080

OPERATING EXPENSES:

7 7,229

8

9 1,218

10

11

12

13

14 1,896

15 1,035

16

17

18

19 393

20

21

22

23

24 Fire Contract

25 Garbage Collection

26 Grounds

27

28

29 11,771

30 13,309

31 -

32 Less: Participation Payments (from Assumptions) -

33 -

34 -

35 13,309

Authored by Gary G. Tharp, CCIM Copyright© 2006 by the CCIM Institute

Gopal Apartments

Middleton Street

Multi-Family

4plex (Sq. Ft./Units)

Property Insurance

Cap Rate: 13309/164000= 8%

164,000

164,000

Less: Leasing Commissions

Less: Funded Reserves

CASH FLOW BEFORE TAXES

NET OPERATING INCOME

Licenses/Permits

Utilities:

Electric

Water

Off Site Management

Payroll

Expenses/Benefits

Taxes/Worker's Compensation

2015 Actual Rents Collected:$23,307

Real Estate Taxes

Personal Property Taxes

Prepared by:

Prepared for:

Repairs

Accounting and Legal

$164,000

Repairs and Maintenance

The statements and figures herein, while not guaranteed, are secured

from sources we believe authoritative.

TOTAL OPERATING EXPENSES

Less: Annual Debt Service

Advertising

Supplies

Miscellaneous Contract Services:

Purchase PricePlus Acquisiition CostsPlus Loan Fees/CostsLess MortgagesEquals Initial Investment