1111 Melvin Dr | Hanahan, SC 29410
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- LoopNet Team
1111 Melvin Dr
Hanahan, SC 29410
Build-to-Rent Property For Sale
·
19 Units
INVESTMENT HIGHLIGHTS
- Stabilized Multifamily Asset with Significant Value-Add Potential
- Proximity to Charleston Navy Yard Redevelopment, Only 4.6 Miles Away
- Opportunity to Increase Rental Income Through Strategic Renovations
- Prime Location Just 12 Miles from Downtown Charleston
- Strong Tenant Demand in the Highly Regarded Berkeley County School District
- Located in a High-Growth Market with Strong Economic and Population Trends
PROPERTY FACTS
| No. Units | 19 | Total Plot Size | 0.89 ac |
| Property Type | Build-to-Rent | Property Size | 18,000 sq ft |
| Property Subtype | Apartment | No. Floors | 1 |
| Apartment Style | Garden | Year Built | 1982 |
| Costar Property Class | C | Parking Allocation | 2.58/1,000 sq ft |
| Use Class | RM | ||
| No. Units | 19 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Costar Property Class | C |
| Total Plot Size | 0.89 ac |
| Property Size | 18,000 sq ft |
| No. Floors | 1 |
| Year Built | 1982 |
| Parking Allocation | 2.58/1,000 sq ft |
| Use Class | RM |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 2+1 | 19 | - | 600 |
PROPERTY TAXES
| Parcel Number | 265-16-04-029 | Improvements Assessment | £1,139,936 |
| Land Assessment | £137,508 | Total Assessment | £1,277,443 |
PROPERTY TAXES
Parcel Number
265-16-04-029
Land Assessment
£137,508
Improvements Assessment
£1,139,936
Total Assessment
£1,277,443
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