portfolio investment sale of four condo units · portfolio investment sale of four condo units...

PORTFOLIO INVESTMENT SALE OF FOUR CONDO UNITS

4,400 SF | $720,000552 SAVANNAH HIGHWAY, CHARLESTON, SC 29407

PRESENTED BY:Will Sherrod, CCIM843.747.2292WSherrod@Lee-Associates.com

960 Morrison Drive, Suite 400 Charleston, SC 29403 843.747.1200 lee-charleston.com

OFFERING SUMMARY

Address: 552 SavannahHighway

City, State, Zip: Charleston, SC 29407

TMS#: 421-03-00201,202,203,204

Zoning: GB - General Business

Sales Price: $720,000

Condo Units Included: Four (4)

Individual Unit Size: (+/-) 1,100 SF

Portfolio investment sale of 4 condo units in a 12 unit regime. Entire development was completely renovated in 2007.Spaces feature hardwood flooring, upgraded trim throughout, brushed nickel hardware, and designer lighting.Kitchens have solid surface counter tops & bowls, Stainless appliances & tumbled marble back-splash. Two bedroom,1 ½ bath units, each approximately 1,100 square feet. Convenient parking and a prime location for downtown accessand very convenient to Avondale, James Island, and Windermere.

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS

• Units are currently leased on annual or shorter leases.

• Current NOI is approx. $37,300.

• Full financials available.

EXECUTIVE SUMMARY

This is subject prior to sale, change in price, or removal from the market without notice. Theinformation included in this transmittal, while based upon data supplied by the owners and othersources deemed to be reliable, is not in any way warranted by Lee & Associates.

960 Morrison Drive, Suite 400 Charleston, SC 29403 843.747.1200 lee-charleston.com

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