4046 Cedars B is a $5,000,000, 47,000 square foot, 4 bedroom, 3.0 bath home located in North Charleston, SC.
** Nice Newer Units ** 50 Condo Units that have been Converted to Condominiums & This is Sale of Remaining 46 Units ** Rents are in the $895/month range and thus property cash flows at todays rates ** Great Schools in Area ** Regime is set up and covers Insurance, Landscaping and Exterior Maintenance but controlled by developer ** Owner/Agent ** All Units are Getting New 30 Yr Architectural Roofs with First Building being done next week ** Low Maintenance w/ Brick Skirting and Vinyl Siding ** Minimal Trim & No Amenities keeps expenses down to around 37% Estimated as New Management has been in place for less than one year ** Notes:
Brick - Veneer
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