The Lennox
Single Family
3
2
1392
Sqft
2017
$215,000
Purchase Price
$1,820
Rent / Mo
65%
Property Leverage
About
The Lennox is a 3 bedroom, 2 bathroom home located in the great location of downtown Columbia. Built in 2017, this home was built with modern touches everywhere! 9' ceilings, hardwood and tile floors, built-in shelving, stainless appliances, granite countertops, subway tile backsplash, kitchen island, large pantry, walk-in closets, tankless water heater, detached shed for storage, and even a peach tree in the backyard! This home has it all.
Tenant Leasing Process
The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.
Rented
Rental Status
This property is eligible to start receiving dividends after its first lease is signed.
The Market
Columbia, SC
Columbia, South Carolina is a popular market with millennials and retirees. The market routinely ranks highly for its livability, business and job opportunities, and public education. The metro area of Columbia is well educated. Over 40% of the adult population has at least a Bachelor's degree, and the city is home to the University of South Carolina. The market has a diversified economy, with major sectors including information technology, insurance, military, manufacturing, and health care. Additionally, Columbia is the capital of South Carolina, which brings significant jobs and economic activity to the region.
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$105,930
Invested
100%
Funded
120
Investors