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Chicora Arms 3211 Spruill Ave 10 Unit Apartment Building $2,744,800 CAD ($274,480 CAD/Unit) North Charleston, SC 29405
Investment Highlights
- Proximity to Park Circle
- Opportunity Zone
- Strong value-add potential
- Proximity to Riverfront Park
- Excellent access to regional employment centers, port activity, and downtown Charleston
Executive Summary
Back on Market at no Fault of Seller or Property. Chicora Arms Apartments is currently an 18-unit multi-family unit and can be a 20-unit building. Located within a short distance of the Park Circle area, convenient to highways I-26 and I-526, Naval Station, downtown Charleston and the Port. This property is within an opportunity zone.
Property Facts
| Price | $2,744,800 CAD | Building Class | C |
| Price Per Unit | $274,480 CAD | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 14,586 SF |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1966 |
| Property Subtype | Apartment | Parking Ratio | 1.37/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R-2 - City of North Charleston - R-2 MULTI-FAMILY RESIDENTIAL DISTRICT | ||
| Price | $2,744,800 CAD |
| Price Per Unit | $274,480 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 14,586 SF |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 1.37/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-2 - City of North Charleston - R-2 MULTI-FAMILY RESIDENTIAL DISTRICT |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $48,083 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$48,083 CAD
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Chicora Arms | 3211 Spruill Ave
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