24 Units, all 3BR 1.5BA. Complex has undergone extensive renovation (see attachments). 100% occupied, all tenants are on a month to month lease, with NO subsidized / SEC 8. All units are currently rented below market value, so there is room for capital improvement. This is a PERFECT 1031 property, or portfolio add for someone looking for a clean and operational complex.
Listing Date: 10-08-2021
Sold Date: 03-21-2022
Aprox Days on Market: 
5 month(s), 12 day(s)
Listing Sold: 
2 Year(s), 7 day(s) ago
Original Asking Price: $3,950,000
Asking Price: $4,500,000
Selling Price: $3,950,000
Price Difference From Original:
Same as Original Price
Price Difference From Asking:
Reduced By $550,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Community Features: Bus Line
Year Built: 1992
Rent Control: No
Pool Private: No
Gar Pkg: 2 Car
Garage: No
Attached Garage: No
Fireplace: No
Laundry Features: Dryer Connection
Lot Size: 1.66
Lot Size Units: Acres
Acres: 1.66
Lot Sqft: 72309.599999
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: B
Stories: 3
Foundation: Slab
Exterior: Vinyl Siding
New Construction: No
Roof: Architectural
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Condominium, High Rise, More than 4, Quadruplex
Beds: 3
Sold Date: 2022-03-21T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Unit Sqft: 935
Sqft: 22560
Number of Units Total: 24
Unit Bedrooms: 3
Water Source: Public
Utilities: Charleston Water Service, N Chas Sewer Distric
Heating: Yes
Heat: Electric, Forced Air
Water Sewer: Public Sewer
Cooling: Yes
Waterfront: No
Courtesy of listing office Carolina One Real Estate - 843-779-8660