Sumter Acceleration Infill Site Apartments - Multifamily - Opportunity Zone

Investment Overview

Investment Highlights Low basis for an infill multifamily entry. The property is offered at $28,140 for a 4,553 SF site, or approximately $6.18 per square foot. This pricing reflects a comparatively limited capital commitment for buyers seeking a redevelopment position rather than a stabilized acquisition. R-6 zoning supports a clear residential development thesis. The site is identified as R-6 zoned and marketed specifically for multifamily/apartment potential. For investors targeting compact urban residential projects, the zoning framework provides a more defined path than raw land without a stated residential designation. Qualified Opportunity Zone status adds a tax-advantaged overlay. In addition to its multifamily positioning, the parcel is identified within a Federal Qualified Opportunity Zone. That designation can broaden the buyer pool to investors evaluating both project feasibility and tax-advantaged capital deployment. Seller financing may improve capital efficiency. The offering states that the seller is open to discussing a half-down structure with financing on the balance. For private investors and smaller developers, that structure can reduce initial cash outlay and preserve liquidity for predevelopment, legal, and site work. Vacant land provides a clean starting point for redevelopment. With no existing buildings and no tenancy in place, the buyer avoids lease rollover, deferred maintenance, and demolition of functional improvements. The value proposition centers on repositioning the parcel directly toward its next use. Small lot size may suit targeted infill execution. At roughly 0.10 acres, the parcel is sized for buyers pursuing a compact residential concept or strategic neighborhood infill opportunity. That scale may appeal to local developers seeking a manageable project scope rather than a larger, capital-intensive land assemblage. The offering is structured for buyers who can price legal and title complexity. The seller states the property was purchased at tax sale, will be conveyed by quitclaim deed, and will not be subject to a quiet title action before closing. That structure narrows the field to buyers who can underwrite title risk, but it can also create an opportunity for experienced purchasers seeking less broadly competed situations. Buyer-controlled diligence defines the upside. The OM places zoning, neighborhood standards, and development feasibility squarely within buyer due diligence. For investors with local knowledge and a clear execution plan, that creates room to generate value through entitlement confirmation, title resolution, and disciplined basis management. Offering an exceptional opportunity for investment, this property is strategically located in the desirable Sumter area and zoned R-6, presenting an ideal framework for various development possibilities. Boasting favorable zoning, this prime piece of land is perfectly positioned for the realization of an array of potential projects. Situated in an area primed for growth and development, this property is a valuable addition to any investor's portfolio. With its strategic location and flexible zoning, this property holds significant potential for a lucrative return on investment in the thriving Sumter market. $28,140 Sales Price | Possible Owner Financing. Commission Structure is a $3,950.00 Fee Split Between the Listing and selling brokerage if a selling brokerage is involved solely for the offering. Property transfers at closing or upon payoff of seller financing. Property "AS IS, WHERE IS". All potential uses are subject to Buyer Due Diligence with Lexington County Planning and Zoning. Discuss a possible half-down with seller financing of the balance. Solely Buyer Due Diligence Responsibility. Purchased at a tax sale. Research neighborhood development standards solely via buyer due diligence. No suit to quiet title performed or to be performed by Seller. Closing costs are the buyer's costs, except for the basics. The seller will execute the Quitclaim Deed(s) at his cost, and the Attorney will focus on the other costs, all of which will be on the Buyer's nickel. SOLELY BUYER DUE DILIGENCE VERIFICATION WITH NEIGHBORHOOD CODES, IF ANY.

Investment Highlights

• Zoned R-6
• Strategic location in Sumter area
• Owner Finance Low Entry
• Maximization of Commercial Return