321 Ashley Ave & 10 Orrs Ct

Multi-Family

321 Ashley Ave & 10 Orrs Ct, CharlestonSC 29403

Property Details

Location

Address
321 Ashley Ave & 10 Orrs Ct, CharlestonSC 29403
County
Charleston
Submarket
52 - Peninsula Chas. outside of crosstown
Parcels
4600702049

Building Size

Building Size
3,225 SF
Rentable Space
12,825 SF

Building Details

Type
 Multi-Family
Number of Buildings
4
Number of Units
7
Occupancy Type
Multi-tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
3
Year Built
2017
Sprinklers
Primary Const.
Wood
Parking Ratio

Land & Utilities

Land (Acres)
0.15 Acres
Land (SF)
6,623 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

Ashley/Orrs Portfolio 4 Buildings, 7 Units

12,825 SF$3,750,000
Cap Rate: 6.14%

Almost 13,000 SF of desirable, high end rentals, this incredible investment includes 4 buildings, 7 units, 28 bedrooms sprawling over an entire city block. Two modern new builds, w/ 4 units, all 4 br's & 4.5 baths, 1750 sf each. These units are graciously configured to spread out over 3 private floors, w/ highly desirable private roof top decks, luxury kitchens, shiplap ceilings, coastal chic design & views galore. Flanking either end of these new construction buildings, are 2 historic Charleston homes, one fronting Ashley Avenue (2 units) & another fronting Orrs Court (1 unit). Both historic buildings were just renovated in January 2018. All structures raised out of Flood Zone and built to the highest standards. Entire property is fully leased through July 31, 2021

Almost 13,000 SF of desirable, high end rentals, this incredible investment includes 4 buildings, 7 units, 28 bedrooms sprawling over an entire city block. Two modern new builds, w/ 4 units, all 4 br's & 4.5 baths, 1750 sf each. These units are graciously configured to spread out over 3 private floors, w/ highly desirable private roof top decks, luxury kitchens, shiplap ceilings, coastal chic design & views galore. Flanking either end of these new construction buildings, are 2 historic Charleston homes, one fronting Ashley Avenue (2 units) & another fronting Orrs Court (1 unit). Both historic buildings were just renovated in January 2018. All structures raised out of Flood Zone and built to the highest standards. Entire property is fully leased through July 31, 2021

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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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