Edgewater Plantation Apartments Sells for $161k/u
The 15-year old 360-unit Edgewater Plantation Apartments on Wando Park Blvd. was purchased by New York-based Blackstone Real Estate at $58M, or $161k/u, after selling just three years ago for about $39M according to the article (we hear $42.7M by the way). Also mentioned, the $320k/u sale of Elan at Midtown in November to JPMorgan and the suburban Woodfield Long Point that New York-based Sentinel bought at $215k/u. Colliers own Seth Clark is quoted in the article by Warren Wise of The Post and Courier.
Posted on March 14, 2015, in CHS, CHS Jobs/Economy, CHS Multi-Family, The Post and Courier, Transactions and tagged Apartments, edgewater plantation, elan midtown, mount pleasant, sale, Warren Wise, woodfield long point. Bookmark the permalink. Leave a comment.