“...Meybohm Commercial brought institutional-level execution to our acquisition, stress-testing our underwriting, structuring the capital stack, and closing in under three months. They think like operators, not just brokers, and that made all the difference.”

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“...Meybohm Commercial navigated one of the more complex acquisitions we've taken on with multi-parcel acquisition, creative financing and dozens of moving parts, keeping the deal moving when it easily could have stalled. The discipline and follow-through they brought was exactly what we needed.”

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“...Meybohm Commercial understood exactly what our brand needs - traffic drivers, co-tenancy, visibility, and they delivered, landing us in one of Augusta's strongest retail corridors. Brian and Charlie were responsive, knew the market cold, and got us the right terms. We're already planning our next location with them.”

-Smoothie King Franchisee

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Investor Alert: Turnkey Rental with 9.7% Cap Rate and Reliable Weekly-Paying Tenant

Aiken, SC, 29801

$129,000

Sale Price

For Sale

Property Details

Sale Price$129,000

Year Built1949

Property TypeLand

Building Size1,200 SF

Highlights

Updated & Move-In Ready: Features refinished hardwood floors, fresh paint, and a 2019 roof for worry-free ownership.
Functional Layout: Includes a spacious living room, an eat-in kitchen, and a primary bedroom with a walk-in closet.
Additional Structures: A detached storage building and 4-car carport offer ample storage and parking flexibility.
Generous Lot Size: Situated on a 0.40-acre fenced lot, perfect for outdoor enjoyment or future improvements.
Utilities & Appliances: The unit comes equipped with a stove, refrigerator, electric water heater, floor furnace, and window A/C.

Property Description

Explore this outstanding investment opportunity at 3416 Seneca Avenue in Aiken’s established Westmont neighborhood. This 2-bedroom, 1-bath ranch home is currently rented to a dependable tenant who pays weekly, totaling $1,200 monthly. The property generates a net operating income (NOI) of $12,507 per year, delivering a 9.7% cap rate at the competitive listing price of $129,000. Tenant Details: The current tenant pays weekly, is punctual and low-maintenance, and would prefer to stay, making this a plug-and-play investment. However, the lease is month-to-month, so the home is also ideal for a buyer seeking a personal residence. Versatile Opportunity: Whether you want to add a stable, income-producing property to your portfolio or secure a charming home in Aiken, this listing checks all the boxes. Its proximity to downtown, shopping, and schools only adds to its long-term appeal. Contact us today to schedule a showing and secure this high-yield opportunity while it lasts!