Property

North Corner Pointe is a 60-unit value-add multifamily community located at 3369 Osceola St & 3360 Apache St in North Charleston, SC. Built between 1969-1972, the property is offered free and clear. Initial exterior repositioning has been completed, with interiors offering a proven $200-$500 per unit upside. Recent renovated leases are achieving $1,300 per month, with projected value-add potential exceeding $200,000 in additional annual income at stabilization. Positioned within one mile of transformative developments including The Navy Yard, a new $1.2B hospital campus, and Boeing''s major employment hub, the property sits in the epicenter of growth within the Charleston metro. Two planned rapid transit stops nearby further enhance long-term fundamentals. The asset may also qualify for South Carolina Code 12-37-220(B)(11)(e) property tax abatement, presenting a meaningful opportunity to increase cash flow. Please see attached PM for more information.

 

Palmetto Commercial Properties

Listed by:

Info

  • Address3360 Apache
  • City, ZIPNorth Charleston, SC 29405
  • MLS #31008062
  • Price$6,600,000.00
  • TypeMulti-Family
  • Sq Ft31500
  • Country:Charleston
  • Title:North Corner Pointe Apartments
  • Zoning:City of North Charleston - R-2 - Multi-Family Residential District

Latest News