Chandlers Oak South Carolina, USA 1 Bed Flat £36,985 | €41,425 | $48,670 Request a Currency Exchange Quote Here

Chandler Oaks is a collection of fully refurbished 1 and 2 bedroom apartments located in the city of Gaffney, South Carolina. It is perfectly located near transportation links, shopping, office parks and Limestone College.

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Fully Managed, Parking, Security, Clubhouse
Property Description ID:17891741

Chandler Oaks is a collection of fully refurbished 1 and 2 bedroom apartments located in the city of Gaffney, South Carolina. It is perfectly located near transportation links, shopping, office parks and Limestone College. 

 There are 100 units in this community (63 two bed and 37 one bed) spread throughout 33 low-rise buildings all of which have solid concrete block walls. Each property has been completely renovated including the replacement of roofs, windows, electrical wiring, plumbing, air- conditioning, and internal walls. Brand new kitchens complete with refrigerators and cookers have also been fitted along with modern bathrooms. Walk-in closets and additional storage are also included. 

 

EMERGING DEVELOPMENTS
The Property Investment specialists
 

Chandler Oaks is a collection of fully refurbished 1 and 2 bedroom apartments located in the city of Gaffney, South Carolina. It is perfectly located near transportation links, shopping, office parks and Limestone College. 

 

There are 100 units in this community (63 two bed and 37 one bed) spread throughout 33 low-rise buildings all of which have solid concrete block walls. Each property has been completely renovated including the replacement of roofs, windows, electrical wiring, plumbing, air- conditioning, and internal walls. Brand new kitchens complete with refrigerators and cookers have also been fitted along with modern bathrooms. Walk-in closets and additional storage are also included. 

 

Limestone College

 

Limestone College was established in 1845 by English born scholars and has an enrollment of more than 3,500 students. It is a fully accredited four-year liberal arts institution that offers a variety of Bachelor of Arts, Bachelor of Science and MBA degree courses.With growing enrolment and very limited accommodation on campus, Chandlers Oaks presents the ideal student accommodation option. In late May 2014 and after many months of negotiations, the Limestone College President signed an initial five year rental agreement (starting in August 2014) which increases by 2.5% every year. 

 

Their intention would be to continually renew the contract assuming all goes well during the first five years. Furthermore, the University will furnish and maintain the properties which will be sublet to the individual students.  

 

This is a great opportunity to purchase an extensively renovated property with a minimum five-year return of 8% warrantied by the local management company.

 

Actual returns could be higher than 8%, this is just the minimum you would receive.  

 

These condos were designed as homes rather than student accommodation so they are much more spacious then the typical student pods. The average 1 bedroom apartments cover 450 sq ft (42 sq m) and the average 2 bedrooms 685 sq ft (64 sq m).

 

With a social area, on site security and a professional management team, these properties are ideal for shared student living. However they are not restricted to student use and have the flexibility to be rented (and resold) to anybody.

 

About Gaffney 

 

The charming city of Gaffney in South Carolina has recently found fame as the hometown of Frank Underwood, the lead character in the hit TV series House of Cards played by Kevin Spacey.

 

This city is known as the Peach Capital of South Carolina with The Peachoid, a 135-foot water tower, becoming one of the region’s most recognizable landmarks.With the Commercial Historic District listed on the National Register of Historic Places, Gaffney retains a small town charm with numerous churches, a variety of shops including the Prime Outlets with over 80 brand name stores and a Farmers Market, numerous restaurants and a new 20-acre park.

 

Gaffney is located 45 minutes from the financial hub of Charlotte, North Carolina (and its international airport) and 40 minutes from Greenville, South Carolina.

 

Limestone College- Location,location, location

 

Perfectly located near transportation links, attractions, shopping and office parks, Chandler Oaks offers highly attractive apartment homes with competitive features & amenities including:

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Student Social Area

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On-site Security

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Beautifully Landscaped

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Shopping And Entertainment Facilities Close By

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Emergency Maintenance

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On-site Laundry Facility

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Professional Management Team

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Near Public Transportation Routes

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10 Minute Walk To Limestone College

 

With growing enrolment and very limited accommodation on campus, this community represents the ideal student accommodation option. Earlier this month, and after many months of negotiations, the Limestone College President signed an initial five year rental agreement (starting in August 2014) which increases by 2.5% every year. Universities don´t sign contracts like this for short term gain - the intention is to continually renew the mutually beneficial rental agreement. Furthermore, the University will furnish and maintain the properties which will be sublet to the individual students.

 

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    Important Property Information

    Available Units

    1 Bed Flat
    • GBP Price: £36,985
    • EUR Price: €41,425
    • USD Price: $48,670

    Key Selling Points

    • Immediate Income
    • Completely refurbished properties
    • 15 minute walk to Limestone College
    • 8% warrantied yield until 2020
    • Price ranges from $48-671
    Mortgage Information
    Investment Facts

    Category : Property Investments

    Cash requirement : £36,985

    Running Cost:

    low running cost

    Risk Level:

    Immediate income with rental agreement in place

    Returns Start In...:

    Imemediate income
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