Oakbrook Villas

Multi-Family for Sale
Catylist Listing ID: 30208397
Number of Units: 18 Units
Building Size (RSF): 23,760 SF
Gross Building Area: See Agent
Sale Price: $2,340,000
Unit Price: $130,000 Per Unit
Property Use Type: Investment
Sale Terms: Other
Cap Rate: 0.07%
Last Updated: 5/1/2018

Overview / Comments

Dependable income producing residential properties with low maintenance and HOA fees. All units have 3 Bedrooms and 2.5 Bathrooms, Utility/Laundry rooms adjoining the kitchens, and 2 assigned parking spaces. Each unit is approximately 1300 square foot. Unit lease rates in the development have been skyrocketing to more than $1400 per month.

Dorchester District 2 school district is very attractive to responsible tenants.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Dorchester
Submarket/Township: 62 - Summerville/Ladson Area to Hwy.165
Tax ID/APN: 154-10-00-001, 154-10-00-088
Percent Occupied: 90%
Highway Access: Easy access to I26
Airports: Charleston International Airport
Area Description: Unincorporated Dorchester County in DD2 Schools
Year Built: 2008
Construction/Siding: Vinyl Siding
Parking Description: 2 assigned spaces per unit
Total Parking Spaces: 40
Laundry: In Each Unit
Heat Type: Electricity
Heat Source: Central
Fuel: Electric
Air Conditioning: Package Unit
Interior Description: 3 Bed/2.5 Bath
Zoning Description: Residential
Part of Planned Development?: Yes
Easements: Electric Lines, Utilities
Land Ownership: Fee Simple

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,480 66,423 152,362
Median Age: 32.16 34.54 34.72
Households: 5,322 24,955 56,486


Photograph of Listing Agent

Billy D Gressette

Grescon Development LLC SCCMLS Member
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