843-577-1165
71 Wentworth St, Charleston, SC for Sale
Apartments - FOR SALE
1/26
null | Request Cap Rate

71 Wentworth St
Charleston, SC 29401
Charleston City Market


HIGHLIGHTS

  • Located on King Street, the historic, walkable, shopping and dining district.
  • Highly accessible to nearby outdoor spaces like Colonial Lake Park, Marion Square, and Waterfront Park.
  • Southeast corner of King & Wentworth Streets in Harleston Village, one of the city's most walkable and historic neighborhoods.

OVERVIEW

CBRE is proud to present an exclusive investment opportunity: The first public offering of a bundled portfolio of five premier residences within the iconic 71 Wentworth building in Charleston, SC. This rare acquisition grants the buyer the largest ownership share within the twelve-unit landmark property, strategically positioned on the highly desirable corner of Wentworth and King Street, with garage parking for each unit. These units represent one of the most compelling investment opportunities currently available in Charleston’s luxury residential market. Originally constructed as a grand Masonic Lodge, 71 Wentworth was designed in the Tudor Gothic Revival style by acclaimed 19th-century Charleston architect John Henry Devereux. The building displays remarkable historic details including richly molded, arched windows reaching up to 18 feet in height and awe-inspiring cathedral ceilings soaring between 20 and 40 feet. The second-floor Grand Lodge Room, a magnificent space measuring 60 by 70 feet, once hosted gatherings of over 1,000 people. This offering is a turnkey investment package tailored for qualified investors. Each residence has been meticulously fully furnished by renowned designer Cortney Bishop, blending historic charm with modern luxury for a truly unmatched aesthetic. All five units are currently managed by Inspirato, providing a seamless, fully managed ownership experience with no direct oversight required. This structure, established by the original investor group, ensures a smooth transition and continued operational excellence. This arrangement provides the new owner with annual rent of $759,807. The 10-year leases expire in 2034 with the landlord's right to terminate beginning in July 2029. Short Term Rental is allowed for all five units which are located in Charleston's Historic Category 1 Short Term Rental zone. This portfolio is being offered unpriced. Please see our OM for a full description. Further details will be made available upon receipt of a signed NDA.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

12

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

71 Wentworth

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1871

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

City of Charleston- GB

APN/PARCEL ID

457-08-01-127

ASK ABOUT THIS PROPERTY

843-577-1165

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

843-577-1165

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