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Ivory Cottage Apartments 5603 Dobson St 6 Unit Dormitory $630,000 ($105,000/Unit) North Charleston, SC 29406
Investment Highlights
- Quickly growing area
- Near popular Park Circle neighborhood
- Near major employers
Executive Summary
Exceptional investment opportunity in the growing Charleston Farms neighborhood of North Charleston! Located just minutes from all that Park Circle has to offer and near the ongoing revitalization of Yeamans Hall Road in Hanahan, this 6-unit multifamily property is a strong addition to any portfolio. Comprised of studio and 1-bedroom units, the property is currently 100% leased, providing immediate income. Major capital improvements include a roof replacement and updated HVAC window units since 2020. With stable occupancy, this is a turnkey asset for investors. Additional features include rear parking and a fully fenced front yard/garden area for tenant enjoyment.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 473-13-00-144 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $15,270 |
Property Taxes
Parcel Number
473-13-00-144
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$15,270
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Ivory Cottage Apartments | 5603 Dobson St