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1111 Melvin Dr
Hanahan, SC 29410
Multifamily Property For Sale
·
19 Units
Investment Highlights
- Stabilized Multifamily Asset with Significant Value-Add Potential
- Proximity to Charleston Navy Yard Redevelopment, Only 4.6 Miles Away
- Opportunity to Increase Rental Income Through Strategic Renovations
- Prime Location Just 12 Miles from Downtown Charleston
- Strong Tenant Demand in the Highly Regarded Berkeley County School District
- Located in a High-Growth Market with Strong Economic and Population Trends
Property Facts
| No. Units | 19 | Lot Size | 0.89 AC |
| Property Type | Multifamily | Building Size | 18,000 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1982 |
| Building Class | C | Parking Ratio | 2.58/1,000 SF |
| Zoning | RM | ||
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.89 AC |
| Building Size | 18,000 SF |
| No. Stories | 1 |
| Year Built | 1982 |
| Parking Ratio | 2.58/1,000 SF |
| Zoning | RM |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 19 | - | 600 |
Property Taxes
| Parcel Number | 265-16-04-029 | Improvements Assessment | $1,524,436 |
| Land Assessment | $183,889 | Total Assessment | $1,708,325 |
Property Taxes
Parcel Number
265-16-04-029
Land Assessment
$183,889
Improvements Assessment
$1,524,436
Total Assessment
$1,708,325
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