2258 Rebecca ST Active Save Request In-Person Tour Request Virtual Tour
North Charleston,SC 29406
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 40,075 sqft
Price per Sqft $44
MLS Listing ID 31005721
Lot Size 0.920 Acres
Property Sub-Type Multi Family
Property Description
This scattered-site portfolio in North Charleston presents a compelling potential investment opportunity with a diverse mix of turnkey unit types, including one quadplex, three duplexes, and a single-family home, totaling 11 units. Currently generating a monthly gross rent of $17,476 (10 of the 11 units are currently occupied), the portfolio offers a 6.14% cap rate and an attractive Gross Rent Multiplier (GRM) of 8.51. Located in both Charleston and Dorchester counties, these properties have undergone recent interior and exterior renovations and are well-positioned to benefit from the continued growth of the Charleston MSA. With these stabilized assets, this portfolio potentially provides investors with both immediate cash flow and long-term appreciation potential. The sale includes multiple properties concentrated across key areas, making management efficient despite the scattered-site nature. Investors looking to capitalize on Charleston's dynamic rental market will find this portfolio an ideal addition to their holdings. Sale includes the following: 7636 Hunters Ridge Lane, 7638 Hunters Ridge Lane, 7640 Hunters Ridge Lane, 7642 Hunters Ridge Lane(172-08-01-009), 3102 Azalea A (469-13-00-150), 3102 Azalea B (469-13-00-151), 3100 Azalea A (469-13-00-152), 3100 Azalea B (469-13-00-153), 2258 Rebecca A, 2258 Rebecca B (472-14-00-207), 20 Stratton Dr (172-11-05-006)
Location
State SC
County Charleston
Zoning City of North Charleston - R-2 - Multi-Family Residential District