1441 Remount Rd - Apartments FOR SALE


Charleston, SC 29406
$3,770,000 USD
803-371-7839
1441 Remount Rd, Charleston, SC for Sale
$3,770,000 USD
Apartments - FOR SALE
1/4
null | 6.48% Cap Rate

1441 Remount Rd
Charleston, SC 29406


HIGHLIGHTS

  • Proximity to Park Circle and Major Employers
  • Desirable Mix of Two- and Three-Bedroom Units
  • Strong Occupancy and Cash Flow
  • Positioned in a Growing Market
  • Value-Add Potential

OVERVIEW

Marcus & Millichap is pleased to present Remount Place, a 22-unit multifamily property located in the rapidly growing North Charleston submarket. The property is comprised of eighteen 2-bedroom/1-bath units and four 3-bedroom/2-bath units, offering a desirable mix of spacious floor plans that cater to a wide range of renters. Recent renovations include new flooring, upgraded appliances, and upgraded cabinets in the majority of units—providing a turnkey investment with limited deferred maintenance and strong in-place cash flow. Remount Place enjoys a prime location near Park Circle, one of Charleston’s most vibrant and revitalized neighborhoods known for its eclectic mix of restaurants, breweries, and community amenities. The property further benefits from proximity to major demand drivers such as Boeing, Joint Base Charleston, and the North Charleston Industrial Hub—ensuring sustained rental demand and long-term appreciation potential in a high-growth submarket. With strong market fundamentals and continued economic expansion in the Charleston MSA, Remount Place represents an exceptional opportunity to acquire a well-located, renovated asset in one of the Southeast’s most dynamic rental markets.

FOR SALE DETAILS

PRICE

$3,770,000 USD

PRICE/SF

$212 USD /SF

# OF UNITS

22

PRICE/UNIT

$171,364

CAP RATE

6.48%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Remount Place

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

-

APN/PARCEL ID

473-14-00-117,473-14-00-118

ASK ABOUT THIS PROPERTY

William GravesMarcus & MillichapMore Info
803-371-7839

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William GravesMarcus & MillichapMore Info
803-371-7839

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.