Thursday, April 17 BID DEADLINE 4:00PM EST
970 Main Street North
Allendale, SC 29810
Inspections
Tuesday, April 1 9:00am-3:00pm Eastern Time
Tuesday, April 15 9:00am-3:00pm Eastern Time
Brochure
Description
ONLINE REAL ESTATE AUCTION BID DEADLINE THURSDAY, APRIL 17 AT 4:00PM EASTERN TIME
Bidding Starts April 3: Suggested Opening Bid of only $599,000! $5,000 Deposit Required to Obtain Bidding Number.
Cost to Build in 2014 was $4,400,000!
-The Building Is OPEN and OPERATING and Accepting Applications From Residents for Fall Semester-
PLEASE DO NOT APPROACH RESIDENTS OR TRY TO OBTAIN ACCESS TO THE BUILDING. VIEW PROPERTY ONLY ON OPEN HOUSE DAYS
THE RESERVE at USC SALKEHATCHIE is a Like New 34,900 SQ. FT, Three Story Luxury Student Housing Community Building with Elevator Built in 2014 on 1.76 Acres for $4,400,000. It is Located Adjacent to the Allendale campus. USC Salkehatchie Does Not Offer Housing Which Makes THE RESERVE a Great Investment Opportunity!
The Building Consists of 27 Fully Furnished Suites with 101 Beds Divided Up Into: 24-1,141 Sq. Ft. Units Consisting of (4) Individual Bedrooms with Two (2) Bathrooms. 2-562 Sq. Ft. Units Consisting of Two (2) Individual Bedrooms with (1) Bathroom. 1-472 Sq. Ft. Unit Consisting of (1) Individual Bedroom and (1) Bathroom. Student Lounges/Study Rooms are Located on the Second and Third Floors. Inside the Lounges are Full Kitchens with Ranges and Refrigerators. A Perimeter Fence Controls Foot Traffic into the Property. Parking is Directly in Front of THE RESERVE and in an Adjacent Lot Leased from the College. An Extensive CCTV System Covers the Inside/Outside/Parking Lot Area.
Located in the S.W. Corner of South Carolina, Allendale and its Small Town Environment (Population 2,694) is 1 ½ Hours from the Atlantic Ocean and the Beaches of Tybee Island, Hilton Head Island, Savannah, Charleston, Columbia and 1 Hour from Augusta, Georgia.
USC Salkehatchie West Campus in Allendale is home to USC Salkehatchie’s Softball, Baseball and Soccer Teams. Quick Stats 2024-Enrollment: 778 Students, In-State Tuition: $3,579/Semester or $7,158/Year (not including fees), Out-State Tuition: $8,919/Semester or $17,838/Year (not including fees), Acceptance Rate 85%, Student:Teacher Ratio: 11:1, Minority Enrollment 48% (Source IPEDS)
THE RESERVE AT USC SALKEHATCHIE
Year Built: 2014
Total Units: 27
24: 1,141 Sq. Ft. 4 Bedroom, 2 Bath Units
2: 562 Sq. Ft. 2 Bedroom, 1 Bath Units
1: 472 Sq. Ft. 1 Bedroom, 1 Bath Unit
Total Beds: 101
Total Square Feet: 34,900 Sq. Ft.
Building Dimensions: 57’ x 248’
Total Acres: 1.676± Acre
Elevator: Yes
County: Allendale County
Tax District: County (District 01C)
2024 Taxes: Tax Exempt Class Code: 506-Non-Profit Housing Authority Exemption
Parcel ID: 105-07-01-008
Legal Information: Lot 5-11
Zoning: B-3, Highway Commercial
Utilities: Water, Electric, Sewer, Natural Gas
Parking: On Site, Leased Adjacent School Lot
Telephone/Internet, Card Access, CCTV, Fire Alarm
HVAC: Central A/C, Forced Air Heat
COMMUNITY AMENITIES
Private Access for Residents, Proximity to Campus, Ample Parking, Clubhouse-Style Amenities on Each Floor with Full Kitchens and Televisions, Wireless Internet Throughout, Multiple Areas for Gathering, Lounging and Studying, On-Site Staff for Security, Maintenance and Repairs.
UNIT AMENITIES
Unique Floor Plan Designs, On Site Laundry Facility, Access to Cable TV in Each Suite as Well as Each Bedroom, Each Suite has its Own Designated Telephone Number, Fully Equipped Kitchenettes with Refrigerators, Microwaves and Stainless Sinks, Furniture Provided (Including Bed, Desk, Desk Chair in Each Bedroom and Sofa, Chairs and Tables in Each Suite), Utilities Included: Water/Sewer, Electric, Cable and Internet, Telephone, Exterminating and Garbage.
LEASING
The Total Housing Expense for The Reserve at Salkehatchie is $3,375 Per Semester Due in Full Before the Student has Moved in. A Security Deposit of $675, Equal to 1/5 of the Semester Rent, is Required in Addition to a One Time Non-Refundable Application and Administration Fee of $150. All Students will be Allowed to Have Vehicles with Access to a Parking Lot in Front of the Building.
The Reserve at Salkehatchie Rents Bedrooms for the Fall Semester (August - December) and the Spring Semester (January - May). A Full Semester's Rent is Payable in One Installment at the Beginning of Each Semester. Students May Sign a 5-Month Lease for the Fall Semester and/or a 5-Month Lease for the Spring Semester. The Reserve at Salkehatchie Covers the Cost of Utilities, Leaving Students Monthly Out of Pocket Expenses for Groceries and Other Personal Expenses Incurred as Needed.
For Complete Bidding Information Please Request a BIDDERS KIT from the Auction Company.
For Additional Leasing Information Please Visit: www.reserveatsalk.com
For Additional USC Information Please Visit: USC Salkehatchie
Fall of 2024 Occupancy: 48 Bedrooms
Spring of 2025 Occupancy: 35 Bedrooms
Click Below for the Matterport 360 Virtual Tour of the Facility:
Click Below for the Drone Video of the Facility:
Additional Information, Online Bidding Link will be posting soon!!
Check back for updates
Bidding Starts April 3: Suggested Opening Bid of only $599,000! $5,000 Deposit Required to Obtain Bidding Number.
Cost to Build in 2014 was $4,400,000!
-The Building Is OPEN and OPERATING and Accepting Applications From Residents for Fall Semester-
PLEASE DO NOT APPROACH RESIDENTS OR TRY TO OBTAIN ACCESS TO THE BUILDING. VIEW PROPERTY ONLY ON OPEN HOUSE DAYS
THE RESERVE at USC SALKEHATCHIE is a Like New 34,900 SQ. FT, Three Story Luxury Student Housing Community Building with Elevator Built in 2014 on 1.76 Acres for $4,400,000. It is Located Adjacent to the Allendale campus. USC Salkehatchie Does Not Offer Housing Which Makes THE RESERVE a Great Investment Opportunity!
The Building Consists of 27 Fully Furnished Suites with 101 Beds Divided Up Into: 24-1,141 Sq. Ft. Units Consisting of (4) Individual Bedrooms with Two (2) Bathrooms. 2-562 Sq. Ft. Units Consisting of Two (2) Individual Bedrooms with (1) Bathroom. 1-472 Sq. Ft. Unit Consisting of (1) Individual Bedroom and (1) Bathroom. Student Lounges/Study Rooms are Located on the Second and Third Floors. Inside the Lounges are Full Kitchens with Ranges and Refrigerators. A Perimeter Fence Controls Foot Traffic into the Property. Parking is Directly in Front of THE RESERVE and in an Adjacent Lot Leased from the College. An Extensive CCTV System Covers the Inside/Outside/Parking Lot Area.
Located in the S.W. Corner of South Carolina, Allendale and its Small Town Environment (Population 2,694) is 1 ½ Hours from the Atlantic Ocean and the Beaches of Tybee Island, Hilton Head Island, Savannah, Charleston, Columbia and 1 Hour from Augusta, Georgia.
USC Salkehatchie West Campus in Allendale is home to USC Salkehatchie’s Softball, Baseball and Soccer Teams. Quick Stats 2024-Enrollment: 778 Students, In-State Tuition: $3,579/Semester or $7,158/Year (not including fees), Out-State Tuition: $8,919/Semester or $17,838/Year (not including fees), Acceptance Rate 85%, Student:Teacher Ratio: 11:1, Minority Enrollment 48% (Source IPEDS)
THE RESERVE AT USC SALKEHATCHIE
Year Built: 2014
Total Units: 27
24: 1,141 Sq. Ft. 4 Bedroom, 2 Bath Units
2: 562 Sq. Ft. 2 Bedroom, 1 Bath Units
1: 472 Sq. Ft. 1 Bedroom, 1 Bath Unit
Total Beds: 101
Total Square Feet: 34,900 Sq. Ft.
Building Dimensions: 57’ x 248’
Total Acres: 1.676± Acre
Elevator: Yes
County: Allendale County
Tax District: County (District 01C)
2024 Taxes: Tax Exempt Class Code: 506-Non-Profit Housing Authority Exemption
Parcel ID: 105-07-01-008
Legal Information: Lot 5-11
Zoning: B-3, Highway Commercial
Utilities: Water, Electric, Sewer, Natural Gas
Parking: On Site, Leased Adjacent School Lot
Telephone/Internet, Card Access, CCTV, Fire Alarm
HVAC: Central A/C, Forced Air Heat
COMMUNITY AMENITIES
Private Access for Residents, Proximity to Campus, Ample Parking, Clubhouse-Style Amenities on Each Floor with Full Kitchens and Televisions, Wireless Internet Throughout, Multiple Areas for Gathering, Lounging and Studying, On-Site Staff for Security, Maintenance and Repairs.
UNIT AMENITIES
Unique Floor Plan Designs, On Site Laundry Facility, Access to Cable TV in Each Suite as Well as Each Bedroom, Each Suite has its Own Designated Telephone Number, Fully Equipped Kitchenettes with Refrigerators, Microwaves and Stainless Sinks, Furniture Provided (Including Bed, Desk, Desk Chair in Each Bedroom and Sofa, Chairs and Tables in Each Suite), Utilities Included: Water/Sewer, Electric, Cable and Internet, Telephone, Exterminating and Garbage.
LEASING
The Total Housing Expense for The Reserve at Salkehatchie is $3,375 Per Semester Due in Full Before the Student has Moved in. A Security Deposit of $675, Equal to 1/5 of the Semester Rent, is Required in Addition to a One Time Non-Refundable Application and Administration Fee of $150. All Students will be Allowed to Have Vehicles with Access to a Parking Lot in Front of the Building.
The Reserve at Salkehatchie Rents Bedrooms for the Fall Semester (August - December) and the Spring Semester (January - May). A Full Semester's Rent is Payable in One Installment at the Beginning of Each Semester. Students May Sign a 5-Month Lease for the Fall Semester and/or a 5-Month Lease for the Spring Semester. The Reserve at Salkehatchie Covers the Cost of Utilities, Leaving Students Monthly Out of Pocket Expenses for Groceries and Other Personal Expenses Incurred as Needed.
For Complete Bidding Information Please Request a BIDDERS KIT from the Auction Company.
For Additional Leasing Information Please Visit: www.reserveatsalk.com
For Additional USC Information Please Visit: USC Salkehatchie
Fall of 2024 Occupancy: 48 Bedrooms
Spring of 2025 Occupancy: 35 Bedrooms
Click Below for the Matterport 360 Virtual Tour of the Facility:
Click Below for the Drone Video of the Facility:
Additional Information, Online Bidding Link will be posting soon!!
Check back for updates
Map
Broker Participation
Broker Participation is welcome but not required. A 2% commission will be paid to the licensed broker who, no later than Wednesday, April 16th, pre-registers (with the auction company) the bidder who pays for and settles for the real estate. A broker buying on his/her behalf, or on behalf of any business entity in which he/she holds an interest, or a family member is not entitled to a commission.
Payment Information
REAL ESTATE: 10% Buyer’s Premium. $5,000 Certified Funds are required to be in escrow prior to obtaining bidding privileges. A deposit equaling 20% due within 2 business days, and balance due at closing within 30 days. The Deposit money of the high bidder shall become Earnest Money and is non-refundable.
Full Terms
REAL ESTATE: 10% Buyer Premium. Online Bidding Deadline is Thursday, April 17 at 4:00pm Eastern Time. Bids must be placed online by bid deadline. $5,000 Certified Funds are required to be in escrow prior to obtaining bidding privileges. A deposit equaling 20% due within 48 hours of bid acceptance, balance due at closing on or about Friday, May 16th 2025. The deposit of the high bidder shall become Earnest Money and is non-refundable. Earnest Money deposits of non-winning bidders will be returned immediately following the auction. Deposit funds are payable to: Hull Barrett, PC. Attorney Paul Simons, Jr. is overseeing the closing. Real Estate and Equipment is Selling AS-IS WHERE-IS, WITH NO WARRANTIES or GUARANTEES EXPRESSED OR IMPLIED. REAL ESTATE SELLING SUBJECT TO OWNER CONFIRMATION AND SUBJECT TO PRIOR SALE. In all transactions, auctioneer is acting as an Agent for the seller. All information received from reliable sources believed to be correct but not guaranteed by the auction company. Any announcement made during the auction process takes precedence over any material published about the event. See Bidders Kit for complete terms.