MLS# 30018749 | 78 Queen Street UNIT #34 Charleston SC | subdivision
843-225-7007
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Charleston, SC 29401
- $1,418.27Price per SqFt
- 208SqFt
- 457Days on Market
- N/AZoning
- 1863Year Built
- HospitalityUse
- MLS# 30018749
- Commercial Sales
- Hospitality
- Sold
- Approx Time on MarketN/A
- AreaHistoric Charleston
- CountyCharleston
- SubdivisionN/A
Overview
Welcome to the Elliott House Inn which went under an extensive restoration 2008 and reopened in 2011 as a condotel. Offered for sale is Unit 34 that has an average occupancy rate of 92% over the least 5 years with an average room rate of $193. With a Cap Rate average 7.65% for 2016, this property would make an excellent investment vehicle for a cash buyer looking for an income stream with no involvement in the day to day operations. This property is professionally managed by Charlestowne Hotels and comes fully furnished.
Sale Info
Listing Date: 01-30-2023
Sold Date: 06-14-2018
Listing Sold:
5 Year(s), 10 month(s), 18 day(s) ago
Asking Price: $295,000
Selling Price: $295,000
Price Difference:
Same as list price
Building Info
Anchored: No
Year Built: 1863
Financial
Asking Price Type: Fixed Price
Garage / Parking
Lot Info
County: Charleston
Land Size: 0.00
Misc
Title: Elliott House Inn Unit 34
Offer Compensation
Property Info
Second Property Subtype: Hospitality
Zoning: City of Charleston - GB - Gen
Nearest Msa: Charleston-North Charleston, SC
Sale Terms: Cash
Property Type: A
Original Price: $295,000
Build To Suit: No
Property Use Type: Hospitality, Hotel/Motel, Industrial, Inn, Investment, Multi-Family, Other, Retail
Class Type: Hospitality
Sold Info
Sold Date: 2018-06-14T00:00:00
Sqft Info
Rentable Area: 208
Unit Info
Unit: 34
Utilities / Hvac
Water Source: Public
Sewer: Public Sewer
Courtesy of listing office Carolina One Real Estate
MLS# 29970569 
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Marshall Walker Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Last updated on 05-02-2024 7:03 AM EST .
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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