Park Circle Apartments

$ 1,900,000
1912 E Montague Ave,
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Overview

  • Updated On:
  • September 9, 2021
  • 2 Bedrooms
  • 1 Bathrooms

Description

The AP Group of Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the Park Circle Apartments. The subject property consists of two buildings totaling 12 apartment units that have undergone extensive renovations within the last year, including new electrical systems, plumbing, HVAC, centralized heating/air, on demand water heater, flooring, windows, exteriors and amenities including a dog park, grilling station, fire pit and bike racks have been added. The property enjoys easy access to I-26 and I-526 and is centrally located within the greater Charleston MSA.

Located in the Park Circle suburb of North Charleston, the property is in proximity and walking distance to local attractions including restaurants, craft breweries, Quarterman Park, South of Broadway theater, and is also near Charleston’s largest shopping district, Tanger Outlets, and has several high-quality public schools nearby. Park Circle is a large garden community and neighborhood that is becoming a more and more popular “go-to” spot in recent years for locals and tourists alike. The area offers plenty to do during the daytime, including a wide variety of dining options, disc golf, other shops and salons. Park Circle also has a busy nightlife with an eclectic mix of bars and wine shops and live music entertainment. The City of North Charleston hosts its top outdoor festivals and parades in Park Circle which includes the North Charleston Arts Festival, St. Patrick’s Day, the Harvest Festival, the Christmas Festival, and the Farmers Market. See website for more information: www.parkcircleapartments.com

Address: 1912 E Montague Ave
State/County:
Zip: 29405
Country: United States
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Property Id : 19530
Price: $ 1,900,000
Bedrooms: 2
Bathrooms: 1
Cap Rate: 5.5
Building Size: 9886
Lot Size: 0.45
# of Units: 12
Year Built: 2021
Parking Spaces: 15

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Pearce Vogler, CPA

Investment Specialist
Pearce Vogler is based in Charleston, SC and specializes in the analysis and disposition o ...

Ani Paulson

Team Lead | Investment Specialist

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Ani Paulson