CHURCHILL at ST. ANDREWS

132 Units | Columbia, SC | $12,550,000 Purchase Price 

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Investment Description:

Churchill at St. Andrews, a 132 Unit C Class Property, was built in 1972 and is in great condition. This property features large townhomes and garden style apartments and is only 8 miles from Downtown Columbia. Located in the second largest market in South Carolina, Churchill at St. Andrews is in the Lake Murray submarket, one of the most desirable areas in the Columbia MSA. This submarket continues to experience an influx of new residents, driven by the top-rated school district and proximity to well-known established employers

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Investment Highlights: 

Target Returns for 506 (C) Accredited Investors:

• 8% annual cash on cash 

• 16% IRR, 18.5% annualized

• 1.9x Equity Multiple

• 90% Projected Return in 5 Year