Trion Properties And North Point Capital Group Acquire Multifamily Asset In Charleston For $51.8M

A multifamily property located at 1735 Ashley Hall Road in Charleston has been sold for a total price of $51,800,000. The property consists of 312 units, with an average price per unit of $166,025. It spans a total area of 297,605 square feet, resulting in a price per square foot of $174.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $51,800,000
• Units: 312
• Average Price per Unit: $166,025
• Total Square Footage: 297,605
• Price per Square Foot: $174

The buyers involved in this transaction are Trion Properties, represented by Max Sharkansky, Mitch Paskover, Marley Dominguez, and Adrie Moses-Baily, as well as North Point Capital Group, represented by David P. Zar and Shawn Hakimian.