71 Wentworth Street # 301, Charleston SC 29401
270 King St, Charleston, SC 29401, USA
270 King St, Charleston, SC 29401, USABasics
- MLS ID: 25016410
- Date added: Added 3 months ago
- Category: Residential Income
- Status: Active
- Area, sq ft: 9700 sq ft
- Lot size, acres: 0 acres
- Year built: 1872
- Subdivision Name: Downtown
- County Or Parish: Charleston
- MLS Area Major: 51 - Peninsula Charleston Inside of Crosstown
Description
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Description:
Investor bulk sale of 5 luxury condominium units in the renovated historic Masonic Lodge at 71 Wentworth St (270 King St). Price is $15,950,000 with $856,000 in FF&E included in the price. This is a seamless transition for a hands-off investor. The units are 100% NNN leased to Inspirato, Inc., a publicly traded luxury travel club. The combined annual NOI for the 5 units is $759,917. The 10-year leases expire in 2034 with the landlord's right to terminate beginning in July 2029. Each unit comes with one reserved, leased parking space in the adjoining parking garage. Please see our OM in Documents for a full description.
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Location
- Parking Total: 1
- Directions: Southeast Corner Of King And Wentworth Streets. Entry On Wentworth.
Building Details
- Number Of Units Total: 5
- Parking Features: 1 Car
- Security Features: Fire Sprinkler System, Security System
- Covered Spaces: 1
- Garage Spaces: 1
Amenities & Features
- Water Source: Public
- Sewer: Public Sewer