A Montgomery, Alabama-based investment and management firm purchased an apartment complex in Charleston's West Ashley district in the largest deal the area has seen so far this year, exemplifying a trend of newly built properties being snapped up for premium prices by investors.
Recently Built Apartments Are Trading for Top Dollar in Fast-Growing Area of Charleston, South Carolina
CoStar Market Insights: West Ashley Surpassed $215 Million in Multifamily Sales Volume Last Year. It's on Pace to Break That Record in 2019.
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IN THIS ARTICLE
- Properties
- The Preserve at Essex Farms
3245 Glenn McConnell Pky, Charleston, SC
- Proximity Residences
2021 Proximity Dr, Charleston, SC
- Companies
- PRG Real Estate Management, Inc.
Real Estate