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300 Miles Jamison Road

Summerville, SC 29485
  • $3,000,000
  • STATUS: Active
  • ON SITE: 195 Days
  • ID#: 30812077
UPDATED: 17 min ago
$3,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Description

Summerfield provides an opportunity to purchase a value-add apartment complex in one of the fastest growing markets in the Southeast. Significant rent growth can be easily achieved following the upward trend of the surrounding apartments in the area. Over the last year, roughly 70% of units have been renovated. The layouts are very desirable: all are townhome style with 2 bedroom, 1.5 baths, w/d hook ups, dishwashers, central hvac, and back patios. The property would give an investor the opportunity to push rents to market, take advantage of the high market rent growth (roughly 8% annually), and own a multifamily asset in one of the strongest MSAs in SC.

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www.explorecharlestonrealestate.com/homes/131305929
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300 Miles Jamison Road Summerville, SC 29485

  • Price: $3,000,000
  • Status: Active
  • On Site: 195 Days
  • Updated: 17 min ago
  • ID#: 30812077
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Dorchester Cnty - Ladson to Bacons Bridge Rd
County:
Dorchester
Area:
Dorchester Cnty - Ladson to Bacons Bridge Rd
Property Description
Summerfield provides an opportunity to purchase a value-add apartment complex in one of the fastest growing markets in the Southeast. Significant rent growth can be easily achieved following the upward trend of the surrounding apartments in the area. Over the last year, roughly 70% of units have been renovated. The layouts are very desirable: all are townhome style with 2 bedroom, 1.5 baths, w/d hook ups, dishwashers, central hvac, and back patios. The property would give an investor the opportunity to push rents to market, take advantage of the high market rent growth (roughly 8% annually), and own a multifamily asset in one of the strongest MSAs in SC.
Property Features

Property Status Existing Property Sub Type Low-Rise/Garden Property Type Multi-Family Rentable Sq Ft 20400 Sale Price Min 3000000.00 Sale Terms Undisclosed Title Summerfield

Listing courtesy of Woodlock Brokerage Llc: .
 
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Scott Baskin Team | Keller Williams Realty
1180 Sam Rittenberg Blvd., Suite 105
Charleston SC, 29407