5527 Read St | Charleston, SC 29406
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- LoopNet Team
5527 Read St
Charleston, SC 29406
Read Street Apartments · Multifamily Property For Sale
·
28 Units
INVESTMENT HIGHLIGHTS
- Fully Stabilized Multifamily Asset with Strong Occupancy Rates
- Located 12 Miles from Downtown Charleston, Providing Access to a Major Employment Hub
- Positioned for Continued Natural Rent Growth in a High-Demand Rental Market
- Interior Renovations Completed in 2022, Enhancing Unit Appeal
- Only 4.7 Miles from the Charleston Navy Yard Development, a Growing Mixed-Use Redevelopment Project
PROPERTY FACTS
| No. Units | 28 | Building Size | 22,342 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1973/2023 |
| Building Class | C | Parking Ratio | 1.43/1,000 SF |
| Lot Size | 1.17 AC |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.17 AC |
| Building Size | 22,342 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1973/2023 |
| Parking Ratio | 1.43/1,000 SF |
AMENITIES
UNIT AMENITIES
- Kitchen
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- Fenced Lot
- Laundry Facilities
- Property Manager on Site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 28 | - | - |
PROPERTY TAXES
| Parcel Number | 473-14-00-091 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $120,380 |
PROPERTY TAXES
Parcel Number
473-14-00-091
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$120,380
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