Great performance in 2021 so far! The Elliott House Inn is an amazing investment opportunity that rarely comes on market. This unit has not traded hands in 14 years! It is the largest on property and boasts spacious kitchenette and dining areas - certainly not common for this condo-tel community. This unit has been historically cash-flowing and is ready for its next owner. Located in the heart of historic Downtown Charleston, it is managed and run by Charlestowne Hotels. A condo-hotel community, the Inn has had historically high occupancy rates, making it a perfect addition to your real estate portfolio. We are seeing a surge in tourism post COVID which is reflecting in strong occupancy for 2021 thus far.This unit has been meticulously maintained and updated and has plenty of natural light. While the units at this property are usually booked, you do reserve the right to offer your unit to a guest (or to stay in yourself) for up to 28 of days out of the year. Guests can walk next door to Husk or 82 Queen and ride on complimentary bikes to downtown sights and attractions. If you're looking for a great real estate investment in the heart of downtown Charleston, #27 at The Elliott House Inn is ready for you! With parking across the street, a lush, private courtyard, breakfast, and happy hours with wine and cheese, this property is a favorite among visitors to Charleston. Want to learn more about how this property is run? Check out Charlestowne Hotels' website to learn more about what makes them one of the Top 25 Hotel Management Companies to Know in 2020 according to Lodging Magazine.This is one of the most unique units at the Elliott House Inn due to its larger size and additional features. The bathroom updates are very neutral, light, and approachable. This unit is also located near the elevator making it a perfect location in the community for ease. This community rarely has properties make it to market and investors are seeing the value in diversifying with the Elliott House Inn. This one will not last.
Listing Date: 07-16-2021
Sold Date: 11-23-2021
Aprox Days on Market: 
4 month(s), 6 day(s)
Listing Sold: 
2 Year(s), 4 month(s), 27 day(s) ago
Original Asking Price: $360,000
Asking Price: $360,000
Selling Price: $290,000
Price Difference From Original:
Reduced By $70,000
Price Difference From Asking:
Reduced By $70,000
Grazing Permits Forest Service: Yes
Grazing Permits Private: Yes
Grazing Permits Blm: Yes
Horse: No
Farm Credit Service Incl: Yes
Fullbaths: 1
Levels: One
Year Built: 1981
Rent Control: No
Pool Private: No
Gar Pkg: Off Street, Other (Use Remarks)
Garage: No
Attached Garage: No
Interior Features: Ceiling - Smooth, Eat-in Kitchen
Fireplace: No
Lot Desc: 0 - .5 Acre
Lot Size Units: Acres
Acres: 0.00
Irrigation Water Rights: Yes
Mobile Home Remains: Yes
Property Type: A
Stories: 2
Exterior: Stucco
New Construction: No
Building Area Units: Square Feet
View: No
Home Warranty: Yes
Habitable Residence: Yes
Structure Type: Condominium
Beds: 1
Sold Date: 2021-11-23T00:00:00
Lease Renewal Option: Yes
Lease Considered: Yes
Lease Assignable: Yes
Sqft: 423
Water Source: Public
Heating: Yes
Heat: Electric
Water Sewer: Public Sewer
Cooling: Yes
Waterfront: No
Courtesy of listing office The Pulse Charleston