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Price
$2,700,000.00
Subdivision
Sqft
10464
Acreage
0.87
Status
Active Contingent
Year Build
1967
Construction Materials
Brick Veneer
Fully leased 16 unit multi-family opportunity, only 1 mile from popular Park Circle. All units are 1BR/1BA and all were fully renovated in 2021. In addition, there is residual land on the same parcel for potential additional multi-family development (estimated residual acreage is .35). An additional 16 unit structure was located on the property but was destroyed by fire prior to the current owners purchase. Common area coin-operated laundry leased on both floors (revenue split 50/50 with vendor).
sqft: 10464
acres: 0.87
Fully leased 16 unit multi-family opportunity, only 1 mile from popular Park Circle. All units are 1BR/1BA and all were fully renovated in 2021. In addition, there is residual land on the same parcel for potential additional multi-family development (estimated residual acreage is .35). An additional 16 unit structure was located on the property but was destroyed by fire prior to the current owners purchase. Common area coin-operated laundry leased on both floors (revenue split 50/50 with vendor).
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50 Immigration Street, Suite 204
Charleston, SC 29403
+1 (843) 853-6055
info@luxurysimplified.com
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LISTED BY Southeastern Management Group,, (843) 577-8595