Housing Authority Of The City Of Charleston Acquires 1800 Ashley West For $39.75M

The 1800 Ashley West apartment complex, located at 1800 William Kennerty Drive in Charleston, SC, was sold for $39.75 million. This multi-family property features 209 units, with a price per unit of $190,191. Built in 1980 and partially renovated, it offers one- and two-bedroom units along with amenities like a pool, pickleball courts, and a clubhouse.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $39,750,000
• Units: 209
• Price Per Unit: $190,191
• Buyer: Housing Authority of the City of Charleston
• Seller: Urban Landings & Stonemark Capital
• Sale Date: 09/11/2025
• Brokers: Dane Lozier, Ron Corrao & Eric Liebich - NorthMarq

The deal involved the Housing Authority of the City of Charleston acquiring the property from Urban Landings and Stonemark Capital. The transaction was brokered by Dane Lozier, Ron Corrao, and Eric Liebich from NorthMarq, representing their respective clients in this closed transaction.