Orangeburg Rental Home Porftolio 1065 Freeland Street, Orangeburg, SC 29115

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1 EXECUTIVE SUMMARY OFFERING SUMMARY Sale Price: $1,200,000 Number Of Units: 36 PROPERTY OVERVIEW Package consists of 36 units. 2 units are vacant lots and 1 vacant home. 33 are occupied. 10 units are nice rental units. 9 units are rent to own. Most lots are 1/2 acre or larger. 2 are stick built homes that are RTO. 7 are space rent only and 5 are space only rent to owns. Most RTO units have a large amount of term on the note left. RTO units pay a reimbursement for taxes and insurance. Each lot is fee simple and has its own parcel number and can be sold separately if desired. Most units have been renovated. There is a first mortgage for around 200k that can be assumed and is a private non-recourse note. Landlord pays no utilities. LOCATION OVERVIEW Cap Rate: 8.4% Residential area close to retail and office in Orangeburg, SC. Centrally located and all in same general area. Many of units are in the Edisto School District which is highly sought after. PROPERTY HIGHLIGHTS Centrally Located NOI: $100,747 Close to schools, retail and jobs Fee simple units jedge@

2 ADDRESS DESCRIPTION UNIT TYPE RENT CHARGE TAXES PAID BACK ANNUAL TAX/INSUR TAX BILL Tax Map 219 Bill Sally x80 Fitz DW HOME RENTAL $ $ - $ - $ North Trail x60 peachtree HOME RENTAL $ $ - $ - $ North Trail x48 Manisfield HOME RENTAL $ $ - $ - $ Pate Street x68 Okwood HOME RENTAL $ $ - $ - $ Trell x60 Oakwood HOME RENTAL $ $ - $ - $ Kennerly x82 All Amer. HOME RENTAL $ $ - $ - $ Kennerly x52 Horton HOME RENTAL $ $ - $ - $ 1, North Trail x68 Chandler HOME RENTAL $ $ - $ - $ Ctry.Colony x52 Destiny HOME RENTAL $ $ - $ - $ North Trail x68 Camel HOME RENTAL $ $ - $ - $ Trell x72 Pioneer RTO mobile home $ $ $ 1, $ Trell x28 Bel RTO mobile home $ $ $ $ Trell Lot & SW RTO mobile home $ $ $ $ Stacy Bridge 1990 Fleetwood DW RTO mobile home $ $ $ $ North Trail x60 Statler,2 ac RTO mobile home $ $ $ $ North Trail x56 Chandler RTO mobile home $ $ $ $ North Trail x50 Vintage,add RTO mobile home $ $ $ $ Cordova x66 Fleetwood RTO mobile home $ $ $ $ Trell x66 Horton RTO mobile home $ $ $ $ George house RTO STICK BUILT HOUSE $ $ $ 1, $ 1, Norway Road house RTO STICK BUILT HOUSE $ $ $ $ Cordova x48 Vintage SPACE RENTAL $ $ - $ $ Majority SW & Lot SPACE RENTAL $ $ - $ $ Majority house SPACE RENTAL $ $ - $ $ Fuquay x60 S&L SPACE RENTAL $ $ $ $ Stacy Bridge SW + added on SPACE RENTAL $ $ - $ $ & Fuquay x56 Brigadier SPACE RENTAL $ $ - $ $ Trell x44 Redman SPACE RENTAL $ $ - $ $ North Trail LOT SPACE RTO $ $ $ $ Ctry.Colony LOT SPACE RTO $ $ $ $ Trell LOT SPACE RTO $ $ $ $ Trell LOT SPACE RTO $ $ $ $ Trell LOT SPACE RTO $ $ $ $ Trell x70 Fleetwood Vacant - Selling $ - $ - $ $ Trell LOT VACANT LOT $ - $ - $ $ KENNERLY VACANT LOT x44 Guerdon VACANT LOT $ - $ - $ - $ $ 12, $ 1, $ 11, $ 14,282.58

3 FINANCIAL SUMMARY INVESTMENT OVERVIEW Price $1,200,000 Price per Unit $33,333 GRM 7.4 CAP Rate 8.4% Cash-on-Cash Return (yr 1) 8.4 % Total Return (yr 1) $100,747 Debt Coverage Ratio - OPERATING DATA Gross Scheduled Income $161,212 Other Income $2,500 Total Scheduled Income $163,712 Vacancy Cost $16,121 Gross Income $147,590 Operating Expenses $46,843 Net Operating Income $100,747 Pre-Tax Cash Flow $100,747 FINANCING DATA Down Payment $1,200,000 Loan Amount - Debt Service - Debt Service Monthly - Principal Reduction (yr 1) - jedge@

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5 ADVISOR BIO & CONTACT 1 President & Broker PROFESSIONAL BACKGROUND Joe Edge has been a licensed real estate broker for fourteen years. After four years serving in the Marine Corps, Joe started his career in real estate. He acquired the 90-year-old firm Sherman & Hemstreet, August GA s largest commercial real estate firm in Currently S&H is the largest CRE firm in the Augusta GA region and provides commercial real estate services for all of the southeastern United States. In addition to the Augusta GA region, Joe is licensed and personally handles all transactions in Georgia, Florida, Alabama, South Carolina, North Carolina and Virginia. Joe has also grown S&H into one of the nation s leading property management firms. Currently managing over 6,500 units consisting of apartments, single family rentals and manufacturing housing communities. S&H also acts as an asset manager for over ten million square foot of office, industrial and retail space. 624 Ellis St. Augusta, GA T C jedge@ Currently Joe holds both the CCIM and SIOR designations and is a CPM (Certified Property Manager) candidate. The CCIM is the highest designation an investment sales broker can obtain. The SIOR designation is the most prestigious designation any office or industrial broker can receive requiring a very high commission threshold. Several S&H agents hold these designations. To learn more about these designations go to or MEMBERSHIPS & AFFILIATIONS Certified Commercial Investment Member (CCIM) Society of Industrial and Office Realtors (SIOR) jedge@