1142 Morrison Dr,Charleston, SC

1142 Morrison DrCharleston, SC

Property consists of 4.449 acres improved with a two story 31,640 sq.ft. Union Hall, Community Hall & Office building. Facility is owned and occupied by International Longshoremen Association Local 1422. The I.L.A. is looking to relocate its' headquarters to a more central location for its'' members and is therefore looking to sell their existing facility.

Info

Acres4.45
AreaPeninsula Charleston Outside of Crosstown
City NameCharleston
CountyCharleston
StateSC
Property TypeOffice
Postal Code29403
Square Feet31640 SF
Date Modified 2022-09-07T07:56:18
Property StatusExisting
Status Pending/Contingent
Title ILA Local 1422
Zoning OTHER
 Back to Results


Listed by: Shoreline Int''l RE II LLC | 843-437-7373

Our ProcessStep By Step

SiteIdentification

Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.

SiteInspections

We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.

PropertyAnalysis

We do extensive property analysis including underwriting property historical cash flow, three tiered income modeling, future cash flow projections and IRR and cash on cash return profitability models.

TheUnderwriting

Our team underwrites the current tenants and reviews all current lease agreements to determine an appropriate credit grade of the property and identify opportunities for improvement.