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Van Buren Ave 2220 Van Buren Ave 12 Unit Apartment Building $2,582,452 CAD ($215,204 CAD/Unit) North Charleston, SC 29406
INVESTMENT HIGHLIGHTS
- Fully Renovated 12-Unit Community with Six One-Bedroom and Six Two-Bedroom Units
- Strong Rents Supported by Updated Interiors and Demand from Major Employers and Military Presence
- Prime Location Near Interstate-26, Interstate-526, Downtown Charleston, Charleston Air Force Base, and Tanger Outlets
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present Van Buren Apartments, a fully renovated, 12-unit multifamily community located at 2220 Van Buren Avenue in North Charleston, South Carolina. This property comprises six one-bedroom and six two-bedroom units, offering a diverse mix to meet tenant demand in a high-growth rental market. Situated in the 29406 ZIP code, Van Buren Apartments benefits from exceptional accessibility to major commuter routes, including Interstate-26 and Interstate-526, and is only minutes from downtown Charleston, Charleston Air Force Base, and the Tanger Outlets.
With all units recently renovated, the property is positioned to capture strong rental income and appeal to a wide tenant base seeking updated finishes and proximity to key employment and lifestyle hubs. North Charleston continues to experience sustained population and job growth, driven by its proximity to the Port of Charleston, Boeing, and Joint Base Charleston, all of which bolster rental demand and long-term value.
With all units recently renovated, the property is positioned to capture strong rental income and appeal to a wide tenant base seeking updated finishes and proximity to key employment and lifestyle hubs. North Charleston continues to experience sustained population and job growth, driven by its proximity to the Port of Charleston, Boeing, and Joint Base Charleston, all of which bolster rental demand and long-term value.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $2,582,452 CAD | Building Class | B |
| Price Per Unit | $215,204 CAD | Lot Size | 0.30 AC |
| Sale Type | Investment | Building Size | 6,300 SF |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2006 |
| Property Subtype | Apartment | Parking Ratio | 1.9/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | MF - Multifamily | ||
| Price | $2,582,452 CAD |
| Price Per Unit | $215,204 CAD |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.30 AC |
| Building Size | 6,300 SF |
| No. Stories | 2 |
| Year Built | 2006 |
| Parking Ratio | 1.9/1,000 SF |
| Zoning | MF - Multifamily |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Wheelchair Accessible (Rooms)
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | 375 |
| 2+1 | 6 | - | 675 |
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PROPERTY TAXES
| Parcel Number | 472-11-00-047 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $69,383 CAD |
PROPERTY TAXES
Parcel Number
472-11-00-047
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$69,383 CAD
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Van Buren Ave | 2220 Van Buren Ave
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