Wheeler & Wheeler Properties
Who We Are
Jeff Wheeler's career spans over 40 years. He has been recognized as both the Charlotte and Columbia Real Estate Leader of the Year. He has served as COO for Coldwell Banker Real Estate LLC with over 1800 offices worldwide and owned one of the top 10 Coldwell Banker franchises in their system. He has successfully marketed hundreds of millions of dollars of residential and commercial real estate, ranging from individual homes to a 50-million-dollar luxury high rise. He works with both individual and institutional buyers and sellers on both the residential and commercial markets and is a nationally known speaker and consultant and has worked in both the private and public sectors.
Zack Wheeler has been licensed for 15 years and has received local and national recognition for his sales success and holds numerous professional designations. The father and son team of Jeff and Zack Wheeler combines decades of real estate experience with the innovation, analysis and technology needed today.
Wheeler and Wheeler Properties have been involved in several key acquisitions and the redevelopment of residential, commercial, and historical properties in South Carolina.
What We Do
Wheeler & Wheeler focuses on adding value to underused properties that need redevelopment or repurposing. By focusing on the market for the finished project, we utilize the Steven Covey principle of “begin with the end in mind.” Understanding what the market needs and combining that with great sensitivity to both design and function, we are able to determine the best price possible for each asset and then closely manage the redevelopment process to ensure strict adherence to budget.
Opportunities include both abandoned sites and buildings, historical renovations, and new residential construction. We have successfully redeveloped and re-purposed office projects, historical projects, as well as residential and resort properties. We often pursue these properties in partnerships we form and manage with other investors.
We have acquired REO properties from institutional owners, vacant or underutilized land, as well as market valued assets from individuals that can be enhanced. We also work with lenders who are desirous of disposing of REO assets and can maximize the value for the lender based on our extensive experience and knowledge.
The driving principle is to create value for the user, the community, and the investors
Historical Renovations
Breathing new life into old and abandoned structures and repurposing them for today’s market is a key driver for Wheeler and Wheeler. Converting the Fannie McCants elementary school built in 1931 into eleven luxury townhomes in the historic Earlwood neighborhood was their first project. Each of the residences maintained its historical significance while meeting the demands of today’s homeowner, energy efficiency and building codes. A historical home at 1521 Lady Street was repurposed as an office building for a law firm while maintaining its original charm and character. And in 2018, Wheeler and Wheeler acquired the old Beaufort County jail and are in the process of converting it into nine townhomes in the heart of Beaufort SC’s historic district as part of a development called Justice Place
Residential Development
Working with creative architects and technically gifted engineers, residential projects designed to be both innovative and functional are the hallmark of their communities. Justice Place Cottages – featuring both two- and three-bedroom designs, provide moderately priced homes within walking distance of the city center and waterfront in historic Beaufort. Careful attention is paid to interior and exterior design, highly functional space, energy and technology, and trim/finish packages. Each of these 14 homes vary in design and size, while blending in beautifully within the Justice Park development. Care is given to providing green spaces, bicycle and walking paths and dedicated off-street parking.
Harbor Row at Meridian is a townhome community featuring 21 residences on Lady Island. Each of the three-story homes features three bedrooms, garage, open living area and exquisite finishes, yet starting prices are below $599,000.00. Great care has been taken to preserve the site, including trees, landscaping, and green space.
Workforce Housing
Numerous articles focus on the declining home affordability for today’s consumer. The average price of a home in the southeast has risen to $400,000 over the past decade and the average rent for a 2-bedroom apartment now approaches $1600.00 a month. Working with both the Beaufort City and County governments, Wheeler & Wheeler is beginning the Justice Place community featuring 39 homes to be financed under the Small Rental Development Program designed for those making between 30% and 80% of the AMI (average mean income) for the area. Tenants will include teachers, nurses, first responders, service workers and others who historically have a difficult time finding quality affordable housing. These properties avoid the institutional look so common to affordable housing and focus on a combination of single-family homes and duplex designs that blend into the neighborhood.
Sales and Marketing
In addition to its own communities, Wheeler and Wheeler provides consulting and marketing services to other developers with outstanding results. Flow on the River featuring beautiful three-story townhomes overlooking both the Congaree River and the Columbia city skyline was a shining success for both the developer and the purchasers. Soon following was St Anns Alley, a forty-two home urban development community that sold out in record time in the heart of the State Street redevelopment area and the West Columbia River District. Diligent market research, innovative lead generation, collaboration with design and staging professionals, and effective sales management resulted in the complete sell-out of both projects well within the developer’s projections.
