Incredible '''BTR'''' Development opportunity! Well positioned location surrounded by many area attractions, employers, retail, Charleston Southern University & Trident Medical Center. This opportunity allows for 70 single family detached homes situated on 1 Tax Map Parcel to provide a much needed Build To Rent community. Easy access to highways and major thoroughfares for easy travel throughout the Charleston MSA. Sale will include all civil engineering and plans to move forward with the horizontal development of the site. Call agent for more information.
| Acres | 14.28 |
| City Name | North Charleston |
| County | Charleston |
| State | SC |
| Property Type | Land |
| Postal Code | 29406 |
| Landsize Units | 14.2800Acre |
| Status | Active |
| Parcel Number | 4860900020 |
| Title | Salamander Road |
| Zoning | City of North Charleston - R-1 - Single Family Residential |
Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.
We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.
We do extensive property analysis including underwriting property historical cash flow, three tiered income modeling, future cash flow projections and IRR and cash on cash return profitability models.
Our team underwrites the current tenants and reviews all current lease agreements to determine an appropriate credit grade of the property and identify opportunities for improvement.
