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10 Westridge St
Charleston, SC 29403 Westside Charleston

$25,000,000 USD

Apartments Condo For Sale  •  52,606 SF

Property Details

  • Property Type Apartments
  • Total Building Size 373,850 SF
  • Lot Size 2.31 AC
  • Building Class A
  • Year Built 2019
  • Tenancy Multiple
  • Zoning MU-2/WH
40 Transit Score
73 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit Publix Retail 52,606 SF $25,000,000 USD
  • Unit Size: 52,606 SF
  • Condo Use: Retail
  • Price: $25,000,000 USD
  • Sale Type: Investment
  • Price/SF: $475.23 USD
Sale Notes
Premium A+ real estate in Charleston Medical Center District! Prime long term NNN solid gold credit of Publix corporate. 16+ years remaining on initial term. Assumable 2.85% financing! 6%+ Cash on Cash return, years 1-3 while on IO.  Income increases in subsequent terms.  Built-in Publix customer base with 350 apartment units in same building above the store. This 350 unit Apartment Building is owned by an Investment Company, purchased for $134M in 2021.

Highlights

A+ Charleston Medical District location, newer construction.
Enjoy 3 years of high cash flow with 2.85% IO loan!

Property Flyers

Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Controlled Access
  • Fitness Center
  • Microwave
  • Pool
  • Grill
  • Kitchen
  • Ice Maker
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Bicycle Storage
  • Elevator
  • Pet Washing Station
  • Pantry

Public Transportation

Commuter RailDriveWalkDistance
12 min - 7.9 mi
AirportDriveWalkDistance
Charleston AFB/International 23 min - 13.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 228
Type: Covered
Included in Rent: Yes
Paul Zakovich 303-901-2120 Biltmore Realty Ltd.
Paul Zakovich 303-901-2120 Biltmore Realty Ltd.