KING STREET CHARLESTON

Charleston, SC

Our second investment in Charleston, SC, this project consists of a fantastic mixed-use residential apartment and commercial retail value-add opportunity in a beautiful historic neighborhood in Charleston, SC.  The project contains three dozen apartments and five commercial retail spaces across five buildings spaces that have been fully renovated and improved.  Currently, 95% of apartments are leased and all retail spaces are occupied at or above projected rents. The project has a 5-year timeline with cashflow distributions starting in 4th QTR 2024. Project completion is expected for 2nd Quarter 2028.