MARKET VALUE
$17,500,000
Out of gallery
Property Description
Sandover Apartments is a C-class asset with far-below market rents, along with a promising growth curve ahead of it. Listed below are some highlights of the property.
Sandover Apartments boasts strong investor returns, with a projected Average Annual Return of 18%+
The property was underwritten with a conservative vacancy rate of 7%
Previous ownership has proven rent increases by renovating 11 units.
Surrounding North Charleston encompasses the 19th fastest growing city in the United States.
Rent growth of $150-$200+ after renovations.
Property Details
Property Type
MUlTI-FAMILY
Bedrooms
1-2
Bathrooms
1-1.5
Size
750 SQ FT
Year Built
1973
Property Location
4381 Gwinnett St, North Charleston, SC 29418, USA