Off-Market 24 Unit Apartment Complex in North Charleston!

[Troy Gandee]

Hello everyone!

I'm a Realtor and investor in the Charleston area. I know of an off-market, 24 Unit Apartment Complex for sale in North Charleston. I've recently sold another complex for these same sellers. It's around a C/D class area, so please only inquire if you're familiar with such properties. It is not yet ready to be listed, but the sellers are giving me an opportunity to find a buyer before they list it. I'm not sure yet if it will be my listing or not when that time comes. They've given me permission to mention it online to try to bring serious buyers in the next few weeks. The purchase price is $1,250,000 and no less. It appraised for $1.4 in '07 and another we recently sold another similar complex around the corner that appraised for in the $1.2's. They're 3/1 and the gross income was around 170k in 2016. Please only inquire if you're serious. I have financials to send along. The sellers are not 100% ready to sell yet, so I can arrange a showing of one or two units if interested before negotiations begin. I will share the address later. It is in the Remount Rd area and it's roughly 2 miles from the airport and another 2 or so miles to the Park Circle neighborhood.

Please send me a direct message if you're interested and I will forward you the financials.