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The Charthouse 48-Unit Apartment Complex
For Sale
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1559 Folly Rd, Charleston, SC 29412

Newly constructed residential community with access to Folly Beach and Charleston’s historic King Street.

Property SizeContact for details
Days on Market144

Property Features for 1559 Folly Rd

General Information

Standard status Active
Class Class-A
Property subtype Multifamily

Additional Details

Multifamily Units 48
Listing Agency: Woodlock Capital
Listed By: Andrew Batkins · License #SC 94251
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 10:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Woodlock Capital

Investment Insights

Based on property information with market context.

The Charthouse is a newly constructed 48-unit apartment complex on James Island. The property is located at 1559 Folly Rd in Charleston, South Carolina, providing a substantial multifamily configuration within an established island submarket.

Folly Beach is a 5-minute drive from the property, while Charleston’s historic King Street is approximately 10 minutes away. The surrounding area has added restaurants and retailers in recent years, and a Publix grocery store is opening this year, adding to the nearby commercial offering.

Key Highlights

  • 48‑unit apartment complex
  • Newly constructed multifamily property
  • Located at 1559 Folly Rd on James Island

Property Analytics

Current Use

The Charthouse Apartments Apartment Complex

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Dental Office Nail Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

48
Residential units

Location Intelligence

Trade Area within ½ mile

216
Businesses Nearby

Demographics for 29412, SC

39,687
Population
18,429
Households
2.2
Avg Household Size
40
Median Age
55%
College-Educated
96%
High-School Grad
39.2 sq mi
ZIP Area
1,012
Density / Sq Mi
$99,443
Median Household Income
$54,757
Median Earnings
$1,744
Median Rent
$458,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Newly constructed residential community with access to Folly Beach and Charleston’s historic King Street.
Where is this apartment building located?
The property is located at 1559 Folly Rd Charleston, SC.
What are key features of this property?
This property features: 48‑unit apartment complex; Newly constructed multifamily property; Located at 1559 Folly Rd on James Island
More about this property
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