1088 Berkeley St Hanahan, SC 29410

Listing details for 1088 Berkeley St, Hanahan, SC 29410 : This fantastic 22 unit apartment complex has been incredibly well-maintained and has an 8% + cap rate. This property includes 3 separate apartment buildings with 2 bedroom, 1 bath units. 2 parking spaces are included per unit. Rents are currently below market, but it has been tested at the $700 rate and were rented right away. There is a security system in place, and a coin laundry service and vending machine is available onsite. Vending machines can be added for additional revenue. This apartment property is located centrally in Charleston, and it is in a growing area. A backflow test is done every year according to county notice, by county list of contractors, paid on time and test passed every year. The HVAC units are well maintained and have been repaired or replaced over the yearsas needed. Filters done monthly on schedule. Water, Sewer, Trash paid by owner (see P&L). Electric is paid by individual meters via SCE&G except for the laundry and parking lot lights (see P&L). This is a great opportunity, so call for more information today.