Description
The subject is comprised of 20 units, all one bed one bath. Florida Avenue Apartments was built in 1973 and recently renovated in 2023. Renovations include Roof, exterior paint, fencing, HVAC's, flooring, fixtures, cabinets, appliances, electrical, plumbing, Stairs and railing, bathrooms, kitchens, and fully upgraded laundry room. This property gives an investor an opportunity to acquire 20 multifamily units in the rapidly growing and high barrier to entry North Charleston, submarket to the Charleston, SC MSA. The subject property was renovated in 2023 and rents have increased by more than 60%.The subject property is located just under two miles south of the bustling Park Circle area of North Charleston. It offers easy access to main thoroughfares such as Rivers Avenue, Interstate-26,
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0BEDS
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0.44ACRES
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0BATHS
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01/2 BATHS
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9,492SQFT
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$295$/SQFT
School Information
Description
The subject is comprised of 20 units, all one bed one bath. Florida Avenue Apartments was built in 1973 and recently renovated in 2023. Renovations include Roof, exterior paint, fencing, HVAC's, flooring, fixtures, cabinets, appliances, electrical, plumbing, Stairs and railing, bathrooms, kitchens, and fully upgraded laundry room. This property gives an investor an opportunity to acquire 20 multifamily units in the rapidly growing and high barrier to entry North Charleston, submarket to the Charleston, SC MSA. The subject property was renovated in 2023 and rents have increased by more than 60%.The subject property is located just under two miles south of the bustling Park Circle area of North Charleston. It offers easy access to main thoroughfares such as Rivers Avenue, Interstate-26,
Real estate listing marked with the CTMLS logo or an abbreviated logo are provided courtesy of the Charleston Trident MLS Broker Reciprocity Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Charleston Home Team | Realty One Group Coastal. Data last updated: 2024-09-09T12:31:43.173.