Rare Value-Add Multifamily Opportunity on King Street in Downtown Charleston. This grand, iconic structure is an extremely well located 11 unit apartment building on the nationally-recognized King Street retail, hospitality, and restaurant corridor in downtown Charleston. Just steps away from the College of Charleston's 12,000 students and the Medical University of South Carolina, this prominent building features 11 apartments (19 bedrooms) and is located on the western side of King Street at the intersection of Society Street. The properties are part of a master regime which includes the ground floor retail space on King Street, which is not included in this offering.
Push rents through strategic unit upgrades or renovate to luxury condominiums for an upside opportunity. Preliminary Approved architectural plans in hand which add 1,800 sf, 4 additional bedrooms, and a penthouse suite with rooftop deck.
Listing Agency's owners have ownership interest in the property. Offering Memorandum with floor plans, architecturals available upon request
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