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3430 East

Posted: 5/12/2022
104 Units
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Under Contract
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3430 East
Under Contract
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3430 East
Under Contract
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3430 East
Under Contract
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3430 East
Under Contract
Slideshow Image
3430 East
Under Contract
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3430 East

About

About 3430 East

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 3430 East apartment community, comprised of 104 units in Columbia, SC. Just off I-26 and less than a mile from the I-20 and I-26 interchange (140k+ daily traffic count), the property provides seamless connectivity to the state’s busiest highways, giving residents direct access to 96k+ jobs within a 15-minute drive. This asset is situated in the rapidly expanding, St. Andrews neighborhood, characterized by the steady employment industries of medical, education, and government, strong projected rent growth (20% through 2027), and a diminishing multifamily pipeline. Built in 1974, 3430 East arrives to market with a proven in-place value-add ($200+ avg. premiums), offering an outstanding opportunity to complete the current renovation program on the remaining units 67 units (64%) to command average premiums of $200+, aligning the property with top submarket competitors.

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