Property Details
Magwood Drive And Jedi Lane
Rare opportunity to acquire a 12-unit multifamily portfolio in the desirable Summerville submarket of Charleston, SC. This portfolio consists of three quadplexes, located on Magwood Drive and Jedi Lane, each featuring well-designed two-bedroom, one and a half bath units.Currently 80 occupied, the properties currently generate steady income and are ideally situated near major employers (Boeing: 13.8 miles, Volvo: 16.1 miles, and the Joint Naval Base: 17.6 miles), retail and dining (downtown Summerville: 3.7 miles and Nexton Square: 6.5 miles), and key transportation routes (I-26: 5.5 miles), offering tenants convenience. Summerville continues to experience impressive population growth, making it potentially one of the most desirable submarkets in the Charleston MSA for multifamily investment.With proven occupancy and a prime location in a high-demand rental corridor, this 12-unit portfolio has so much to offer. Whether you're looking to expand your portfolio or enter the Charleston multifamily market, Magwood Drive & Jedi Lane represent a great potential investment opportunity.Sold As-Is
Essential Information
- MLS® #31007186
- Price$1,939,500
- Square Footage11786
- TypeMulti-Family
- StatusActive
Community Information
- AddressMagwood Drive And Jedi Lane
- CitySummerville
- CountyDorchester
- StateSC
- Zip Code29485
Additional Information
- Title 12 Unit Multifamily Portfolio in Summerville
- Zoning Dorchester - N-R - Neighborhood Residential
