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

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.