44 State Street,Charleston, SC

44 State StreetCharleston, SC

Historic property located in Charleston's French Quarter neighborhood. Ready to be refurbished as an office, a residence, or a combination of both. Two on-street residential permits are available

Info

AreaPeninsula Charleston Inside of Crosstown
City NameCharleston
CountyCharleston
StateSC
Property TypeOffice
Postal Code29401
Date Modified 2020-01-31T07:41:17
Property StatusExisting
Status Active
Title 44 State Street
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Listed by: East Rock Properties, LLC | 843-270-6000

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.