Listed by Harbor Commercial Partners, SVN Palmetto
$3,250,000
Proposed Multifamily Development ( Shovel Ready )
Details
APN R122 029 000 0625 0000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1
Units 154
Price per SqFt $3,250,000
Acreage 4.300
Multifamily | 154 Units | $21,104/unit
Marketing description
Back on market! Creative financing available. Pre-approved for 154 units with no unit restrictions.
This is a great opportunity for a developer to take over this project *shovel ready* for a 154 unit Multi-Family development. Beaufort embodies timeless appeal and presents an outstanding investment opportunity for this project. The site is perfectly positioned to capitalize on the growing demand for real estate in the Beaufort area.
Investment highlights
- Conceptual Master Planning – Completed
- Subdivision & Recombination -Completed
- Survey – Completed
- Topographical Survey – Completed
- Tree Survey – Completed
- Engineering Design – AND DRB Design Revisions –Completed
- Landscape Design –Completed
- Site Permit – Completed
- SCDOT Permit – Completed
- DRB Permit Revisions –Completed
- Will Serve” Letter rom BJW&S 6-24-24 – Completed
- Clarification – BJW&S confirms NO extraordinary fees required or Sewer Service upgrades -Completed
- 2013 Whitaker Labs Phase 1 Environmental Report- Completed
- 2020 Whitaker Labs Reinspection- Completed
- 2023 Whitaker Labs Geo Technical with Soil Borings Tests & Report - Completed
- 2024 Beaufort Zoning Confirmation Letter
- RPRG Preliminary Market Assessment & Product Recommendations – Beaufort Senior Apts 2021
- RPRG Market Feasibility Analysis – Beaufort Senior Apartments – Sept. 2023
- South Carolina Dept o Archives History Project Review Letter 12.1.23
- Zoning Confirmation Letter
- Sub Market Hilton Head Island-Bluffton-Beaufort, SC
- Cross Streets Andrew Clayton Drive & Salem Road
- Township Beaufort
- Market Type Medium
- Nearest Airport Savannah/Hilton Head International Airport
Listing Contacts
Listed by Harbor Commercial Partners, SVN Palmetto
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Is there information that looks off?
