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Middleburg Communities Acquires Multifamily Property In North Charleston, SC For $37.1M

Property Image
SOLD
$37,100,000

South Carolina

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MultiFamily2,048 SF
Sold 10/04/2021
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Property Image
SOLD

Middleburg Communities Acquires Multifamily Property In North Charleston, SC For $37.1M

4640 Forest Hills Drive, North Charleston, South Carolina, USA

See Similar Deals
MultiFamily2,048 SF
Sold 10/04/2021

Summary

SOUTH CAROLINA
Asset Type:MultiFamily
Price Per Square Foot:$18,115
Total Square Footage:2,048 SF
Transaction Type:Sale

Located at 4640 Forest Hills Drive in North Charleston, South Carolina, this multifamily property was recently sold in a closed transaction. The sale took place on October 4, 2021. The property consists of 353 units and is owned by Middleburg Communities - Sean Kavanagh. The sale price for this transaction was $37,100,000, with a price per unit of $105,099. The property is situated in a vibrant market in North Charleston, South Carolina.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $37,100,000
  • Units: 353
  • Price Per Unit: $105,099

Sean Kavanagh, representing Middleburg Communities, played a key role as the buyer in this transaction. Their involvement highlights the importance of their expertise in the real estate market. The sale marks a significant milestone, benefiting both the buyer and the seller. The exact details of the transaction process and any additional individuals or companies involved were not provided in the available information.

Players

BUYER

Details

SOLD
IMAGE: Sean Kavanagh DATE: 10/04/2021 ADDRESS: 4640 Forest Hills Drive MARKET: North Charleston, South Carolina ASSET TYPE: Multifamily BUYER: Middleburg Communities - Sean Kavanagh SALE PRICE: $37,100,000 UNITS: 353 ~ PPU: $105,099

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