Madison condo for SALE

Multi-Family for Sale
Catylist Listing ID: 30619361
Property Subtypes: Low-Rise/Garden
Number of Units: 300 Units
Building Size (RSF): 777 SF
Gross Building Area: See Agent
Sale Price: $149,900
Unit Price: $499.67 Per Unit
Property Use Type: Investment
Building Name: Madison at Park West
Usable Size (USF): 777 SF
Sale Terms: Cash to Seller
Cap Rate: 4.3%
Average Occupancy Rate: 100
Last Updated: 11/16/2020

Overview / Comments

This is a 1st floor 1 BR/1 BA residential condo for sale.
There is a lease in place that expires 1/30/2021.
Rent is $880/month- tenant pays electric and water.
Owner pays regime fee- $231/mo.

Attachments & Media

Additional Details

Nearest MSA: Charleston-North Charleston
County: Charleston
Submarket/Township: 41 - Mt.Pleasant North of IOP Connector
Tax ID/APN: 5980000191
Zoning: M-12 - Mixed Style Residential 12 District
Percent Occupied: 100%
Community Amenities: Outdoor Pool, Community Building, Recreation Room, Exercise Room, Tennis Courts, Play Ground
Property Located Between: off of Park West Blvd across from Town rec fields
Highway Access: from Hwy 17 North
Site Description: This is a 1st floor unit in Madison at Park West
Area Description: close to Publix and other shopping
Property Condition: Average
Number of Stories: 2
Year Built: 2000
Year Renovated: 2018
Construction/Siding: HardiePlank Siding
Parking Type: Surface
Parking Description: surface parking
Laundry: In Each Unit
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Heat Pump
Fuel: Electric
Air Conditioning: Evaporative Cooler
Internet Access: Cable
Interior Description: The following installed New in 2018- disposal, kitchen faucet, bath faucet, patio doors. W/D hookups in unit.
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,429 27,575 48,808
Median Age: 33.99 38.64 38.99
Households: 1,940 9,967 19,236
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