The Roseberry

Single Family
4
2.5
2289
Sqft
2018
$325,000
Purchase Price
$2,530
Rent / Mo
65%
Property Leverage
About
This property was built in 2018, and has a spacious open floor plan. The kitchen is luxurious, featuring nice cabinets, granite countertops, stainless steel appliances and a gas range. The owners suite features a walk-in closet and ensuite with a garden tub and shower. The huge backyard is fully fenced and features a screened-in porch. Additionally, the community has a community pool as well as shared playgrounds and courts for pickleball and bocce ball.
Tenant Leasing Process
The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.
Rented
Rental Status
The Market
Charleston, SC
Charleston is the largest city in South Carolina. The population of the Charleston-North Charleston-Summerville MSA has grown over 20% since 2010, and is now over 800,000 people. Charleston consistently ranks highly for its food scene, quality of life, and tourist attractions. Located on the South Carolina coast, there are numerous beaches and high-end golf courses within driving distance. The city has a strong economy that’s driven by tourism and the large seaport. In 2018, the port ranked 7th in the United States by containerized cargo volume. Carnival Cruise Lines operates a number of cruises that depart from Charleston on their way to the Bahamas and the Caribbean. Boeing has also developed a significant presence in the state over the last fifteen years. North Charleston is one of two final assembly points for the 787 Dreamliner.
Common Questions
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Diversification
Investing horizon & liquidity
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For those looking to build or add to their portfolio without investing in individual rental properties, the Arrived Single Family Residential Fund is an ideal option due to its always-available investment experience, immediate diversification, and access to liquidity.
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$146,420
Invested
100%
Funded
205
Investors