20
See all 20 photos
Listed by CBRE, Inc
$15,950,000
Est. payment /mo
9,700 SqFt
Active
71 Wentworth St #Units 202, 203, 204, 206, 301 Charleston, SC 29401
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 9,700 sqft
Price per Sqft $1,644
Subdivision Downtown
MLS Listing ID 25016410
Year Built 1872
Property Sub-Type Condominium
Property 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.
Location
State SC
County Charleston
Area 51 - Peninsula Charleston Inside Of Crosstown
Interior
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Parking Features 1 Car
Garage Spaces 1.0
Community Features Elevators, Security
Utilities Available Charleston Water Service, Dominion Energy
Total Parking Spaces 1
Building
Dwelling Type Condominium
Story 2
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Memminger
Middle Schools Simmons Pinckney
High Schools Burke