508 E Cooper Ave

Multi-Family

508 E Cooper Ave, Folly BeachSC 29439

Property Details

Location

Address
508 E Cooper Ave, Folly BeachSC 29439
County
Charleston
Submarket
22 - Folly Beach Area to Battery Island
Parcels
3281500154

Building Size

Building Size
2,754 SF
Rentable Space
3,870 SF

Building Details

Type
 Multi-Family
Number of Buildings
1
Number of Units
4
Occupancy Type
Multi-tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
1
Year Built
1980
LEED Level
0
Sprinklers
Primary Const.
Brick
Total Parking
8
Parking Ratio

Land & Utilities

Land (Acres)
0.24 Acres
Land (SF)
10,532 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
R-4
Lot Depth
Lot Width

Contacts

Current Listings

FOLLY BEACH QUADRUPLEX

3,870 SF$3,900,000
Cap Rate: 4.5%

Renovated, turnkey investment property located on Folly Beach South Carolina. Possessing 4 short term rental licenses, this quadruplex is one of a kind for the island as such properties rarely exchange. Recent improvements on the 2 buildings include: new roofs, duct work, HVAC units, interior and exterior paint, flooring, decking, stainless steel appliances, butcherblock countertops and renovated bathrooms. New furniture throughout to convey with purchase. The quarter- acre property has two structures, each with two, 900+ SF units. Each unit holds 2- beds and 1- bath. Each of the four units has two off- street parking places. No mandatory flood insurance required.

Renovated, turnkey investment property located on Folly Beach South Carolina. Possessing 4 short term rental licenses, this quadruplex is one of a kind for the island as such properties rarely exchange. Recent improvements on the 2 buildings include: new roofs, duct work, HVAC units, interior and exterior paint, flooring, decking, stainless steel appliances, butcherblock countertops and renovated bathrooms. New furniture throughout to convey with purchase. The quarter- acre property has two structures, each with two, 900+ SF units. Each unit holds 2- beds and 1- bath. Each of the four units has two off- street parking places. No mandatory flood insurance required.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: SCCMLS

More Information

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