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| The Legends at Mount Pleasant Apartments, Mount Pleasant SC |
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| 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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