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North Corner Pointe 3360 Apache St 60 Unit Apartment Building $6,600,000 ($110,000/Unit) 4.60% Cap Rate North Charleston, SC 29405
Investment Highlights
- Value-Add Premiums of $200-$300 established on property
- Exceptional location with billions in development (¼-mile to 3-mile radius)
Executive Summary
Additional offering materials can be downloaded at: www.eastgatemultifamily.com or by contacting Chris Yeagle at chris@eastgatemultifamily.com
Overview Video: https://youtu.be/0Sec7q5ETwM
Chris Yeagle
EastGate Multifamily
Mobile: 843-860-6908
183 Brady Street, Charleston, SC 29492
chris@eastgatemultifamily.com
www.eastgatemultifamily.com
Licenses: FL: 3010970, GA: 220941, SC: 68049, NC: 299692 .
Overview Video: https://youtu.be/0Sec7q5ETwM
Chris Yeagle
EastGate Multifamily
Mobile: 843-860-6908
183 Brady Street, Charleston, SC 29492
chris@eastgatemultifamily.com
www.eastgatemultifamily.com
Licenses: FL: 3010970, GA: 220941, SC: 68049, NC: 299692 .
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $6,600,000 | Building Class | C |
| Price Per Unit | $110,000 | Lot Size | 0.98 AC |
| Sale Type | Investment | Building Size | 31,500 SF |
| Cap Rate | 4.60% | Average Occupancy | 95% |
| Gross Rent Multiplier | 9.85 | No. Stories | 2 |
| No. Units | 60 | Year Built/Renovated | 1972/2021 |
| Property Type | Multifamily | Parking Ratio | 1.27/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Garden | ||
| Zoning | R2 - Multifamily | ||
| Price | $6,600,000 |
| Price Per Unit | $110,000 |
| Sale Type | Investment |
| Cap Rate | 4.60% |
| Gross Rent Multiplier | 9.85 |
| No. Units | 60 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.98 AC |
| Building Size | 31,500 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2021 |
| Parking Ratio | 1.27/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R2 - Multifamily |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- Courtyard
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 60 | $1,138 | 525 |
1 1
Walk Score®
Very Walkable (71)
Property Taxes
| Parcel Numbers | Total Assessment | $189,090 (2024) | |
| Land Assessment | $0 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2024) | Tax Year | 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$189,090 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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North Corner Pointe | 3360 Apache St
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