Status: For Sale
- Area
- 9700 ft2
- Days For Sale
- 70
Location
- Area:Peninsula Charleston Inside of Crosstown
- City:Charleston
- County:Charleston
- State:SC
- Subdivision: Downtown
- Zip code:29401
Amenities
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.
What's YOUR Home Worth?
Price Change History
$1
$15,950,000 $1,644/SqFt
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