Tranquil Townhouses
Tranquil Townhouses
4651 Ladson Rd, Ladson, SC 29456
40 Units
Value-Add
Charleston, SC
1,000 Sq.Ft.
Year Built: 1980
Well Maintained
Fully renovated units offer low risk investment.
The property underwent significant renovations. Pella-brand windows and sliders, roofs, plumbing and interior renovations have been completed from a long-term owner. Operating well below market rents.
Significant Rental Upside
We helped this long-term owner acquire the asset from a lender after the last market crash. The property is operating with effective rents ≈$300 below market and is not charging back utility costs. All together, this could add ≈$200K in additional annual income.
Impressive Neighborhood
The property is in an exceptional location: surrounded by high-quality retail and facing a high-traffic road which just began a beautification project. Top schools (9/10) also increase the desirability. Everything you could want within 1-mile.
