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Multifamily

Van Buren Avenue

2220 Van Buren Ave, North Charleston, SC 29406

Listing Price: $1,950,000

Cap Rate
5.24%
Number of Units
12
GRM
8.88
Occupancy
91.0%
Price/Unit
$162,500
Price/Gross SF
$309.52
Gross SF
6,300

Investment Overview

Marcus & Millichap is pleased to present Van Buren Apartments, a fully renovated, 12-unit multifamily community located at 2220 Van Buren Avenue in North Charleston, South Carolina. This property comprises six one-bedroom and six two-bedroom units, offering a diverse mix to meet tenant demand in a high-growth rental market. Situated in the 29406 ZIP code, Van Buren Apartments benefits from exceptional accessibility to major commuter routes, including Interstate-26 and Interstate-526, and is only minutes from downtown Charleston, Charleston Air Force Base, and the Tanger Outlets.

With all units recently renovated, the property is positioned to capture strong rental income and appeal to a wide tenant base seeking updated finishes and proximity to key employment and lifestyle hubs. North Charleston continues to experience sustained population and job growth, driven by its proximity to the Port of Charleston, Boeing, and Joint Base Charleston, all of which bolster rental demand and long-term value.

Investment Highlights

  • Fully Renovated 12-Unit Community with Six One-Bedroom and Six Two-Bedroom Units
  • Prime Location Near Interstate-26, Interstate-526, Downtown Charleston, Charleston Air Force Base, and Tanger Outlets
  • Strong Rents Supported by Updated Interiors and Demand from Major Employers and Military Presence

Exclusively Listed By

Multifamily

Van Buren Avenue

Listing Price: $1,950,000

Cap Rate
5.24%
Number of Units
12
GRM
8.88
Occupancy
91.0%
Price/Unit
$162,500
Price/Gross SF
$309.52
Gross SF
6,300

Investment Highlights

  • Fully Renovated 12-Unit Community with Six One-Bedroom and Six Two-Bedroom Units
  • Prime Location Near Interstate-26, Interstate-526, Downtown Charleston, Charleston Air Force Base, and Tanger Outlets
  • Strong Rents Supported by Updated Interiors and Demand from Major Employers and Military Presence

Investment Overview

Marcus & Millichap is pleased to present Van Buren Apartments, a fully renovated, 12-unit multifamily community located at 2220 Van Buren Avenue in North Charleston, South Carolina. This property comprises six one-bedroom and six two-bedroom units, offering a diverse mix to meet tenant demand in a high-growth rental market. Situated in the 29406 ZIP code, Van Buren Apartments benefits from exceptional accessibility to major commuter routes, including Interstate-26 and Interstate-526, and is only minutes from downtown Charleston, Charleston Air Force Base, and the Tanger Outlets. With all units recently renovated, the property is positioned to capture strong rental income and appeal to a wide tenant base seeking updated finishes and proximity to key employment and lifestyle hubs. North Charleston continues to experience sustained population and job growth, driven by its proximity to the Port of Charleston, Boeing, and Joint Base Charleston, all of which bolster rental demand and long-term value.

Exclusively Listed By

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