617 Wassamassaw Rd - Apartments FOR SALE


Summerville, SC 29483
$3,500,000 USD
843-744-9877
617 Wassamassaw Rd, Summerville, SC for Sale
$3,500,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

617 Wassamassaw Rd
Summerville, SC 29483


OVERVIEW

Coldwell Banker Commercial Atlantic is pleased to present for sale 617 Wassamassaw Road, a collection of five townhome buildings located in fast-growing Dorchester County, South Carolina. This multifamily property offers a rare opportunity to acquire fee-simple ownership of townhomes in Summerville, one of the Charleston region’s most desirable and expanding submarkets. Positioned just outside of Charleston and within proximity to key regional employers, the property benefits from steady population growth, strong school systems, and rising rental demand. Each building has been well maintained, appealing to long-term residents and investors seeking a stable, income-producing asset. With multiple buildings and units already leased, the property offers immediate cash flow with upside potential through continued rent growth. Dorchester County continues to see robust development activity and job creation, especially in logistics, healthcare, and advanced manufacturing. This listing represents an exceptional opportunity to invest in a turnkey townhome community within one of South Carolina’s most dynamic real estate markets.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$162 USD /SF

# OF UNITS

20

PRICE/UNIT

$175,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Garden Manor Townhomes

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1993

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

MFR_SV

APN/PARCEL ID

130-10-04-001

ASK ABOUT THIS PROPERTY

Brent CaseColdwell Banker Commercial AtlanticMore Info
843-744-9877

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Brent CaseColdwell Banker Commercial AtlanticMore Info
843-744-9877

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