Property Type:
Commercial Sale
Square Footage:
31,500
Status:
Active
Current Price:
$6,350,000
List Date:
2/27/2026
Last Modified:
4/01/2026
Overview
Description
North Corner Pointe is a 60-unit value-add multifamily community located at 3369 Osceola St & 3360 Apache St in North Charleston, SC. Built between 1969-1972, the property is offered free and clear. Initial exterior repositioning has been completed, with interiors offering a proven $200-$500 per unit upside. Recent renovated leases are achieving $1,300 per month, with projected value-add potential exceeding $200,000 in additional annual income at stabilization. Positioned within one mile of transformative developments including The Navy Yard, a new $1.2B hospital campus, and Boeing's major employment hub, the property sits in the epicenter of growth within the Charleston metro. Two planned rapid transit stops nearby further enhance long-term fundamentals. The asset may also qualify for South Carolina Code §12-37-220(B)(11)(e) property tax abatement, presenting a meaningful opportunity to increase cash flow. Please see attached PM for more information.
Last Updated: April - 01 - 2026
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