PassiveInvesting.com Acquires Multifamily Property In Summerville, South Carolina From Monday Properties

The multifamily property located at 900 Owl Wood Lane in Summerville, South Carolina has been sold. The property consists of 300 units and was purchased by PassiveInvesting.com for a total sale price of $79,500,000. This translates to an average price per unit of $265,000. The sale was finalized on November 16, 2021.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $79,500,000
• Address: 900 Owl Wood Lane, Summerville, South Carolina
• Market: Summerville, South Carolina
• Buyer: PassiveInvesting.com
• Seller: Monday Properties - Frank Craighill & Adam Carr

The sale of this multifamily property was facilitated by Frank Craighill and Adam Carr, representing Monday Properties. Their expertise and negotiation skills contributed to the successful transaction. This deal marks an important milestone in the real estate market of Summerville, South Carolina.