For Sale
$475,000

113 Lake Carolina BlvdColumbia, SC 29229

Turnkey Airbnb, high ROI, great location.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional, fully furnished, five-star-rated Airbnb in Columbia, South Carolina, presents a lucrative investment opportunity. Boasting a strong annual income of $40,000, generating an 8.42% cap rate, this single-story bungalow offers a low-maintenance operation. Built in 2006 and renovated in 2022, the property features three bedrooms, one bathroom, and five parking spaces across two buildings. The main house showcases designer finishes, hardwood floors, high ceilings, and a chef's kitchen with gas range and custom cabinetry. A stunning private white stone courtyard with a 12-foot wood-burning fireplace provides a relaxing outdoor space. An oversized two-car garage offers significant potential; it's currently unused but could easily be converted into an additional rental unit. Furthermore, a partially finished space above the garage presents another opportunity to expand rental income. The property is conveniently located within walking distance of a town center offering various amenities, including restaurants, a grocery store, and a gym. All appliances and furnishings are included, making this a truly turnkey operation. The property's location in Richland County, at 113 Lake Carolina Blvd, zip code 29229, ensures easy access to local attractions and conveniences. This is a rare opportunity to acquire a high-performing, income-generating property with significant upside potential.

Highlights

  • $475,000 asking price for this turnkey Airbnb in Columbia, SC.
  • Generates $40,000 annual net operating income (NOI), representing an 8.42% cap rate.
  • Features three bedrooms, one bath, and five parking spaces.
  • Includes a large two-car garage with potential for conversion into an additional rental unit.
  • Offers a partially finished space above the garage, suitable for another rental unit.

Property Details for 113 Lake Carolina Blvd

Property type
Hospitality properties
Year Built/Renovated
2006/2
Buildings
2
Stories
1

Location Insight

City
Columbia
County
Richland
State
South Carolina
Latitude
34.1781492
Longitude
-80.8941772
113 Lake Carolina Blvd, Columbia, South Carolina

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113 Lake Carolina Blvd
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