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Sandover Apartments

NO LONGER FOR SALE
Pictures of Multifamily property located at 2258-1 Rebecca St, North Charleston, SC 29406 for sales - image #1
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Harmony Development Multi-Family Tract
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Pictures of Multifamily, Land property located at Ashley Hall Plantation Rd, Charleston, SC 29407 for sales - image #1
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2.18 Acres Land For Sale | Ashley Hall Plantation Road
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Pictures of Multifamily property located at 1815 Sumner Ave, North Charleston, SC 29406 for sales - image #1
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Pictures of Multifamily property located at 5527 Read St, North Charleston, SC 29406 for sales - image #1
$4,200,000
Read Street Apartments
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Pictures of Multifamily property located at 1497 Remount Road, North Charleston, SC 29406 for sales - image #1
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Pictures of Multifamily property located at 4083 St Johns Ave, North Charleston, SC 29405 for sales - image #1
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Park Circle Property Portfolio For Sale
Investment Opportunity

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Pictures of Multifamily property located at 4556 Oakwood Ave, North Charleston, SC 29405 for sales - image #1
virtual tour
$1,600,000
4556 Oakwood Ave
Three duplexes on one lot in north Charleston and zoned multi family.

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Pictures of Multifamily, Land property located at 4619 Jenkins Avenue # D #A-D, North Charleston, SC 29405 for sales - image #1
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4619 Jenkins Avenue # D #A-D
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Pictures of Mixed Use, Office, Multifamily, Retail property located at 1224 Wappoo Road, Charleston, SC 29407 for sales - image #1
$1,950,000
1224 Wappoo Road
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Pictures of Multifamily property located at 840 Dupont Road, Charleston, SC 29407 for sales - image #1
$700,000
840 Dupont Road
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840 Dupont Road Charleston, SC 29407

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Address (2 locations)

4381 Gwinnett St, North Charleston, SC 29418

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5725 Nelson St, North Charleston, SC 29418

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Details

Property TypeMultifamily
SubtypeApartment Building

Marketing Description

The Kohler Team at KW Commercial is proud to introduce SANDOVER APARTMENTS - a prime multifamily opportunity located in NORTH CHARLESTON, SC.​ This fantastic 137-unit community features a mix of 1- and 2-story buildings across 5.93 acres, delivering a total net rentable area of 97,245 SF with a density of 28.13 units per acre.​ Built in 1973, the property offers units averaging 710 SF.​ Residents benefit from individual electric systems, copper plumbing, and forced-air HVAC, ensuring comfort and convenience.​ The property includes 18 residential buildings and a laundry facility, all amidst ample parking with 184 spaces (1.34 per unit).​ Don't miss this unique opportunity to own a piece of North Charleston's thriving real estate market at the SANDOVER APARTMENTS.​ This is a True Value Add opportunity with a small number of units having been renovated over the past 3 years.​ Also, included in the sale is an additional 3 lots of vacant land equaling almost 1.5 acres that could accommodate another 40+ units to be added to the community.​

*NOTE: The property is offered without any assumable debt or seller financing.​ This sale will be new debt OR cash.​

To schedule a tour on the property, please reach out to the listing team

Investment Highlights

● 137 Value-Add apartments, circa 1973, 5% renovated.

● Over $1M of CapEx invested by current ownership in the last 3 years, including gut-rebuilds

● Opportunity to renovate 129 classis units to market quality

● 3 Parcels, totaling 1+ acres, of raw dirt ready for additional units, up to 28 by-right

● Strong local economy and local MSA demographics

● Wood Frame; Slab construction

● Copper/PVC Plumbing

● Individually Metered Water & Electric

● No creative debt offered; No seller note; No Assumable Debt

● Management will consider staying in place


Additional Information
Broker Name
Erika McNew
Broker License
SC 106803
Brokerage Address
14045 Ballantyne Corporate Place, Charlotte, United States 28277
Broker Name
Nick Derokov
Broker License
SC 118108
Brokerage Name
Keller Williams
Broker Title
Broker
Brokerage Address
14045 Ballantyne Corporate Place, Charlotte, United States 28277
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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