Monday, January 18, 2016

Multi Housing Advisors Broker Sale of Apartment Community in Mount Pleasant, SC


The Legends at Mount Pleasant Apartments, Mount Pleasant SC
 
Watson Bryant
CHARLOTTE, NC — Multi Housing Advisors (MHA) has arranged the sale of The Legends at Mount Pleasant. Built in 2001, the apartment community is comprised of 142 units and is located near Charleston, South Carolina.

Marc Robinson, Jordan McCarley and Watson Bryant of MHA’s Charlotte office represented the seller, a private developer, in the transaction. Chaucer Creek Capital purchased the property.

“The Charleston and Mount Pleasant area’s high quality of life and successes across a broad economic base provide a bright outlook for the region’s entire multifamily sector,” McCarley said.

 “This transaction allows the buyer the opportunity to input fresh capital into a well-built, well-located asset in a submarket that can support considerable rent growth.”

The Legends at Mount Pleasant features nine-foot ceilings, upgraded finish levels and directly accessible garages in select units. 

The property is located along Mount Pleasant’s burgeoning Highway 17 corridor which features the newly built Roper Saint Francis Hospital, shopping centers anchored by Publix and Walmart, numerous restaurants, and the Charleston National Country Club.

For a complete copy of the company’s news release, please contact:

Deborah Rogers
Multi Housing Advisors
404.645.7275

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