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Jars Residential Sells Churchill Commons

PRG RE Mgmt Purchases 200 Units in Summerville
By Temitope Berry
September 4, 2013 | 8:49 P.M.

JARS Residential sold the 200-unit Churchill Commons multifamily complex at 1660 Old Trolley Rd. in Summerville, SC to PRG Real Estate Management, Inc. for $12.25 million, or about $61,000 per unit, according to public record. The 209,932-square-foot apartment community consists of one-, two- and three bedroom units across 12 buildings. It was constructed in 1979 in the Dorchester County submarket, and was 93 percent occupied at the time of sale.

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