3317 Florida Avenue, North Charleston, SC

$1,950,000

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9,492

Square feet

0.44

Acres

About 3317 Florida Avenue

20 unit apartment complex in hot area in the path of progress between Park Circle and Downtown. 21st unit is a coin-fed laundry rm with full bath as storage/security room. Complex has video security, six-foot perimeter fence, surface parking and central HVACs. Unit mix is 18 - 1 bd 1 ba and 2 - 2 bd 1 ba. Owner pays water and most power. New roof in 2019 and multiple new HVACs. Current rent roll is $16,570. Some legacy tenants, opportunity to boost rents. Opp Zone. Find 2019-20 P&Ls, current rent roll and 2021 YTD and T-12 attached; financing quote, and underwriting by John Brady of CBRE attached.City of N Charleston took over Reynolds Ave, added parking; has plans to streetscape Reynolds similar to the efforts undertaken that transformed Montague/Pk Cir.Owner is agent

Features of 3317 Florida Avenue

MLS® # 21012698
Price $1,950,000
Square Footage 9,492
Acres 0.44
Year Built 1972
Type Multi-Family
Style More than 4
Status Active

Community Information

Address 3317 Florida Avenue
Area 31 - North Charleston Inside I-526
City North Charleston
County Charleston
State SC
Zip Code 29405

Amenities

Has Pool No

Interior

# of Stories 2

Exterior

Exterior Brick Veneer, Vinyl Siding

School Information

Elementary Chicora
Middle Norman C Toole
High N Charleston

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

OfficeHorne Realty, LLC

Listing Map

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