Key Facts
• A mother purchased a townhouse to save on her son’s college housing costs.
• Annual dormitory expenses at Clemson University were approximately $12,000 (¥1.75 million).
• The townhouse was bought for $227,000 (¥3.33 million) in Pendleton, South Carolina.
• The property includes three bedrooms, two bathrooms, and a garage, spanning 1,523 sq. ft.
• One room was rented to a friend for $775 (¥112,000) per month.
• The mother expects to break even or make a profit upon selling the property.
• The son alternated between the dorm and townhouse before fully moving in.
• The townhouse was previously owned by a soccer coach who relocated after five months.
• The mother, a real estate agent, leveraged her market knowledge for the purchase.
• Future plans for the property remain undecided, with potential resale or family use.
Summary
To avoid spending $12,000 annually on dormitory fees, a South Carolina mother purchased a $227,000 townhouse near Clemson University for her son. The property, featuring three bedrooms and two bathrooms, was partially rented out to offset costs. The mother, a real estate agent, anticipates breaking even or profiting when selling the home. While the son alternated between the dorm and townhouse initially, he later moved in fully. The future of the property remains uncertain, with options including resale or use by other family members.
