Listed by Marcus & Millichap - Charleston
$2,395,000
163 & 163 1/2 Coming
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,120
Units 6
Cap Rate 5.26%
NOI $126,042
Price per SqFt $581
Multifamily | 6 Units | $399,167/unit
Investment highlights
Six-Unit Multifamily Property Located on the Charleston Peninsula in Downtown Charleston
Highly Supply-Constrained Submarket with Significant Barriers to Entry for New Development
Strong and Consistent Renter Demand Driven by Walkability and Proximity to Employment and Amenities
Charleston’s Diverse and Resilient Economy Supports Long-Term Rental Stability
Compelling Opportunity for Long-Term Appreciation in One of the Southeast’s Most Sought-After Coastal Markets
Listing Contacts
Listed by Marcus & Millichap - Charleston
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$126,042.00
$10,503.50/mo
Valuation Metrics
0
DSCR
5.26%
Cap Rate
5.26%
ROI
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