Investment Overview

Marcus & Millichap is pleased to present for sale Read Street Apartments, a fully stabilized multifamily property located at 5527 Read Street in North Charleston, South Carolina. Situated just 12 miles from downtown Charleston and 4.7 miles from the Charleston Navy Yard Development, the property benefits from rapid regional growth and increasing rental demand. Thoughtfully maintained by current ownership, Read Street Apartments underwent renovations in 2023-2025, modernizing the interior to attract long-term tenants. With a fully stabilized occupancy, the property is well-positioned for continued natural rent growth, offering investors a turnkey asset in a high-demand rental market with long-term appreciation. North Charleston remains one of the fastest-growing submarkets in the region, driven by strong employment opportunities in aerospace, manufacturing, and technology. This investment presents an excellent opportunity to acquire a well-maintained multifamily property in one of the Southeast’s most dynamic markets.