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2201 Boundary St - 2201 Boundary St. #105 1,196 SF Office/Retail Condo Unit Offered at $280,000 in Beaufort, SC 29902
Investment Highlights
- Multi-tenanted investment property
- 38,100 VPD
- 10.97% Cap Rate
Executive Summary
1st Floor Unit. Marsh Suites @ Carolina Cove. Investment Property. 1,196+-sf property has been subdivided into 5 rental units with a fully leased rent roll since 01/01/2025. Rear facing units have marsh views. NOI $30,711. 10.97% Cap Rate. Call or email for investment details.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 10.97% |
| Sale Status | Under Contract | No. Parking Spaces | 25 |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Cap Rate | 10.97% |
| No. Parking Spaces | 25 |
Description
1st Floor Unit, Marsh Suites @ Carolina Cove. Investment Property. 1,196+-sf property has been subdivided into 5 rental units with a fully leased rent roll since 01/01/2025. Rear facing units have marsh views. NOI $30,711. 10.97% Cap Rate. Call or email for investment details.
Sale Notes
Fully leased, great cash flow.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 105 | 1,196 SF | Office/Retail | $280,000 ($234.11/SF) | $30,711.84 |
Unit 105
| Unit Size |
| 1,196 SF |
| Condo Use |
| Office/Retail |
| Price |
| $280,000 ($234.11/SF) |
| NOI |
| $30,711.84 |
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Unit 105
| Unit Size | 1,196 SF |
| Condo Use | Office/Retail |
| Price | $280,000 ($234.11/SF) |
| NOI | $30,711.84 |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Cap Rate | 10.97% |
| No. Parking Spaces | 25 |
| Description | |
| 1st Floor Unit, Marsh Suites @ Carolina Cove. Investment Property. 1,196+-sf property has been subdivided into 5 rental units with a fully leased rent roll since 01/01/2025. Rear facing units have marsh views. NOI $30,711. 10.97% Cap Rate. Call or email for investment details.</li></ul> | |
| Sale Notes | |
| Fully leased, great cash flow.</li></ul> |
Property Facts Under Contract
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 80,172 SF | Typical Floor Size | 11,362 SF |
| Property Type | Office (Condo) | Year Built | 1984 |
| Property Subtype | Loft/Creative Space | Lot Size | 2.82 AC |
| Building Class | B | Parking Ratio | 1.87/1,000 SF |
| Floors | 3 | Opportunity Zone |
Yes
|
| Zoning | T5-UC - T5-Urban Commercial | ||
| Total Building Size | 80,172 SF |
| Property Type | Office (Condo) |
| Property Subtype | Loft/Creative Space |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 11,362 SF |
| Year Built | 1984 |
| Lot Size | 2.82 AC |
| Parking Ratio | 1.87/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | T5-UC - T5-Urban Commercial |
Amenities
- 24 Hour Access
- Bus Line
- Signage
- Balcony
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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2201 Boundary St - 2201 Boundary St. #105
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