Description
Investors! We are pleased to present you 43 Vanderhorst located in downtown Charleston. The subject property consists of 3 units with a total of 9 Bedrooms and 4 Bathrooms totaling 2,715 SF. Unit A has 4 Bedrooms and 2 Bathrooms, Unit B has 3 Bedrooms and 1 Bathroom, and Unit C has 2 Bedrooms and 1 Bathroom. This property benefits from a central location that is steps from College of Charleston, MUSC, and King St. This is evident in the property's strong occupancy history and 0% vacancy over the last 5 years. This property will give an investor the opportunity to increase the below-market rents immediately following the expiration of the current leases. 43 Vanderhorst has central heating and air conditioning and the tenants are responsible for all utilities. Based on off-market comparable a new owner has the opportunity to increase rents 30%-40%.
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School Ratings & Info
Description
Investors! We are pleased to present you 43 Vanderhorst located in downtown Charleston. The subject property consists of 3 units with a total of 9 Bedrooms and 4 Bathrooms totaling 2,715 SF. Unit A has 4 Bedrooms and 2 Bathrooms, Unit B has 3 Bedrooms and 1 Bathroom, and Unit C has 2 Bedrooms and 1 Bathroom. This property benefits from a central location that is steps from College of Charleston, MUSC, and King St. This is evident in the property's strong occupancy history and 0% vacancy over the last 5 years. This property will give an investor the opportunity to increase the below-market rents immediately following the expiration of the current leases. 43 Vanderhorst has central heating and air conditioning and the tenants are responsible for all utilities. Based on off-market comparable a new owner has the opportunity to increase rents 30%-40%.