CBRE is offering a bulk sale of five luxury condominium units in the renovated historic Masonic Lodge at 71 Wentworth St (270 King St), Each unit comes with one reserved, leased parking space in the adjoining parking garage. The units are 100% NNN leased to Inspirato. Inc., a publicly-traded luxury home club. The combined annual revenue for the five units is $759,917. The 10-year leases expire in 2034 with landlord's right to terminate beginning in July 2029. The five units are priced $15,950,000 with $856,000 of FF&E included in the price. Please see our OM in Documents for a full description. DealFlow Page: https://www.cbredealflow.com/handler/modern.aspx?pv=0Ezb-shtHE7rpg8XqVsKHu00rfKSoV_7aJotJJWrduQ#_top
Anchored: No
Year Built: 1872
County: Charleston
Land Size: 0.00
Title: 71 Wentworth at 270 King Street
Second Property Subtype: Hospitality, Multi Family
Zoning: City of Charleston - GB - Gen
Nearest Msa: Charleston-North Charleston, SC
Property Type: A
Original Price: $1
Build To Suit: No
Property Use Type: Investment, Multi-Family, Residential
Class Type: Multi Family
Rentable Area: 9749
Unit: 202,203,204,206,301
Water Source: Public
Sewer: Public Sewer, Storm Sewer
Courtesy of listing office CBRE, Inc