SOLD 3/16/2023 FOR $6,050,000
$151,250 per unit
Deaton Investment Real Estate represented the buyer and EastGate Multifamily represented the seller in this off-market transaction. Shaftswood Townhomes is a 40-unit townhome community located in Charleston, South Carolina. Built in 1984, the property features all two-bedroom, one-and one-half-bathroom floorplans. This property represents an opportunity in increase value through strategic value-add improvements.
| Unit | Type | Size | Rent |
|---|---|---|---|
| 40 UNITS | 2BD/1.5BA (TH) | 1,100 SF | $960 (AVG.) |
| PIN | MULTIPLE PARCELS - CONSULT TAX RECORDS |
| Tax Value | $2,146,820 |
| Taxes | $36,824 |
| Lot Size | 2.68 ACRES |
| Year Built | 1984 |
| Exterior | BRICK, VINYL |
| Floors | CARPET, VINYL, LVP |
| Foundation | SLAB |
| HVAC | CENTRAL HEAT & AIR |
| Utilities | TENANTS PAY UTILITIES |
| Legal Description | CONSULT TAX RECORDS |
| Appliances | RANGE, REFRIGERATOR, DISHWASHER, W/D CONNECTIONS |
| Sold Date | 2023-03-16 |
| Zoning | DR-1 |
Agent Information Michael Deaton