Charleston-area condo communities sell for $18 million, $24 million in separate deals | Real estate

A pair of Charleston area apartments were recently changed hands in separate deals.

A real Ohio based investment company CREC . real estate Recently partnered with Rincon Capital Partners From Miami and Colombia, South America, to buy 96 units Planters Tres Apartments at 2222 Ashley River Road near Mark Clark Highway for nearly $18 million, according to Charleston County Land Records.

The new owners said they plan to invest $2.8 million to upgrade the common areas, amenities and indoor units of the units on the 10.6-acre site, where Class-B apartments were built in 1974.

Current rents start at $1,265 per month for a one-bedroom unit, according to the condominium website.

“The area around Charleston is seeing demand for quality housing, and employment and investment trends indicate that this need remains strong for the foreseeable future,” he said. Aaron Dixon, President of CREC. “Our company’s investment strategy focuses on real estate marketing improvements through targeted capital improvements.”

Lakewood Lodge Hanahan

Lakewood Lodge apartments in Hanahan were recently sold for $24.4 million. Lakewood Lodge / Introduction

Hands also changed recently is 130 units Lakewood Lodge Multifamily property at 6000 Maybelline Street in Hanahan.

Virginia Cohen Investment Group She paid $24.44 million for the property, according to a commercial real estate company Barcadiathat dealt with the sale to the seller, Eskay management New Jersey. The deal also included $19.2 million in financing through Prime FinanceAccording to Bercadia.

Florence businessman buys former 125-acre ranch near Charleston for $6 million

This Berkeley County rental property features one- and two-bedroom units with private patios. Facilities include swimming pool, fitness center, business center, club, playground and laundry facilities.

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Monthly rental rates range from $1,299 to $1,489, according to

Hampton Model House, Sea Island Preserve, Jones Island

The Hampton is one of four decorated model homes available for viewing at the Sea Island Preserve in Johns Island. Houses Bolt / Introduction

new homes

Four decorated model homes are now available in a planned community of 387 homes on Jones Island.

Coastal models exist Bolt Houses‘Gated sea ​​island reserve Development with real estate sized single family residences at Sea Island Parkway off the main road.

The four new model homes are among 11 floor plans being offered, ranging in size from 1,600 square feet to over 3,000 square feet. Prices range from $400,000 to $500,000.

North Charleston Bowling Center to close after 45 years

The creator launches nine home sites each month in the community with 360 acres set aside for conservation.

“The demand has been extraordinary, with the sites being collected by home buyers who are interested in the speed with which they are being released,” he said. Jacob Reynolds Bolt.

Typical homes are open by appointment only. Go to for details.

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