2108 Ridge Church Road

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2108 Ridge Church Road

Summerville, SC 29483
Asking Price
$450K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Summerville
  • Total lot size measures 0.77 acres for property use
  • Asking price for the asset is set at $450,000
  • Site includes potential for various commercial real estate applications
  • Situated in a growing region within the Charleston metro area

What's Special

Investors seeking a multifamily acquisition in the Summerville market may find this apartment building suitable for a long-term hold or portfolio expansion. Situated at 2108 Ridge Church Road in South Carolina, the property spans 0.77 acres and offers commercial potential for prospective buyers. Summerville remains a growing suburban market within the Charleston metro area, benefiting from steady residential demand and regional economic stability. This asset type allows for a variety of management strategies, ranging from stabilizing current residential units to exploring the site's flexible development options. Its location provides accessible routes to local infrastructure and surrounding businesses, making it a functional addition to a diverse commercial real estate portfolio. Prospective owners should review the zoning and land-use possibilities provided by the 0.77-acre site to determine how to best integrate the existing structure into their investment objectives.

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NOI
$80,000
Cap Rate
17.78%
DSCR
2.99
Strong
Cash-on-Cash
39.47%
Monthly Payment
$2,226.354
Annual Cash Flow
$53,283.746

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