110 Raley St, Cheraw, SC 29520

Greystone Apartments offers 30-units available within 15 duplexes, all located on a 2.6-acre parcel on Agerton Street and Raley Street, conveyed in as-is/where is condition, located in Cheraw, SC. Several of the brick or stucco duplex buildings have updated roofs and updated kitchens with newer cabinetry, appliances and flooring. All units come with washer/dryer hookups, range, refrigerator, and baseboard heat. Tenants bring window air if desired. Each duplex has approximately 1600 sq ft with 800-sq ft per unit. The bedroom/bath mix is two (2) 1-bedroom/1bath units; Four (4) 3-bedroom/1-bath units; and the remaining 24 units are 2-bedroom/1-bath.The rents for each of these properties have not been increased for some time. Therefore, there is significant upside here......(room to likely increase rents 40% or more). Cheraw is nicknamed "The Prettiest Town in Dixie," and for good reason, this town is steeped in history and continues to prosper with major industry, an expanding technical college and strong healthcare services. Feel free to drive by each property, but do not roam around on the properties or talk to tenant residents. Buyers shall be shown all units upon receipt of acceptable contract with proof of funds during due diligence period. Sellers require scheduled showings with at least 72-hour Notice, preferably a week's Notice with signed Confidentiality Agreement and proof of funds. Investment Package available (+ any other additional info requests) requires signed Confidentiality Agreement. This is an As Is sale.