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Updated about 1 month ago on . Most recent reply

User Stats

7
Posts
9
Votes
Connor Bath
  • Chapel Hill/Charleston
9
Votes |
7
Posts

Student Rental Development - Clemson, SC

Connor Bath
  • Chapel Hill/Charleston
Posted

Investment Info:

Single-family residence other investment.

Purchase price: $55,000
Cash invested: $440,000

Currently under construction and pre-leased for $6,195/month, this 7-bedroom, 5-bathroom student rental in Clemson, SC, was built using investor cash and designed for high-end student living. Featuring 2,600+ sq. ft., a large upgraded kitchen, two living rooms, ample parking, and a private backyard, the home is set for completion in May 2025, with leases starting in August 2025.

How did you finance this deal?

Constructed using all cash, the next steps are to refinance out of the project (Need assistance in doing so)

How did you add value to the deal?

Unique neighborhood and product within local market.

What was the outcome?

tbd

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

America's Home Place - GC

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