Magwood Drive And Jedi Lane | Summerville | $1,939,500
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Magwood Drive And Jedi Lane Summerville, SC 29485 $1,939,500
11,786 SQ. FT.
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Magwood Drive And Jedi LaneSummerville, SC 29485

For SALE Business ACTIVE
$1,939,500
EST. 4,882.17/MO CALCULATE
11,786 SQ. FT.

Property Description

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

Property Details

  • MLS ID31007186
  • Property TypeCommercial - Business
  • Current UseMulti-Family
  • Days on Site186
  • Lot Size1.15 Acres
  • Parcel Number1530500032/1530500029/1530108001
  • ZoningDorchester - N-R - Neighborhood Residential
  • acres1.15

Listed By / Shown By

Listed By

Agency Name: Matt O'Neill Real Estate

SCCMLS

Shown By

Agency Title: Carolina One Real Estate
Agency Phone: (843) 203-5016

SCCMLS

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