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Property profile & analytics
OFF-MARKET
Residential income homes

4975 4993 4953 Lk North Charleston, SC 29418

6,657 SF Built 2004
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents three fully furnished, short-term rental townhomes in North Charleston, SC, totaling 6,657 square feet. Each unit boasts over 2,200 square feet, offering unique lakefront experiences that consistently command higher rental rates than comparable properties in the popular Park Circle area. The properties, built in 2004, are fee simple, minimizing maintenance concerns and eliminating HOA fees or assessments. Currently generating over $300,000 in annual income, these three units offer a stabilized investment with an 8.87% cap rate and a net operating income (NOI) of $153,000. All future bookings transfer upon sale, ensuring a seamless transition for the new owner. The properties benefit from streamlined management and numerous five-star reviews, reflecting their high quality and desirability. Conveniently located near Park Circle's vibrant restaurants and shops, the North Area brewery district, the up-and-coming Navy Yard, and the family-friendly Paradiso at Mixson (featuring a pool, co-working spaces, and more), this location also provides easy access to Charleston International Airport. This is a rare opportunity to acquire a high-performing, turnkey short-term rental portfolio with significant upside potential. The asking price is $1,725,000, representing $575,000 per unit and $259.13 per square foot. This portfolio offers a compelling investment with a strong track record and a prime location.

Property profile
Verified
Property type Residential income homes
Year built 2004
Total area 6,657 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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