Ascenda Capital Rises to the $38M Purchase of Rock Hill Multifamily
Ascenda Capital has purchased Windsor Apartments in the Charlotte submarket of Rock Hill, SC for $38.1 million. The asset was 95% occupied at sale.
Thomas Colaiezzi, Ron Corrao, Eric Liebich, Travis Cundiff, Jourdan Sullivan and Matt Weinstein of Capstone Apartment Partners facilitated the transaction on behalf of the seller.
The 168-unit asset is situated at 708 Glamorgan Way off Dave Lyle Blvd and I-77 with proximity to retail and dining at the Rock Hill Galleria as well as easy access to the Charlotte metro.
The 2017-constructed Windsor Apartments is comprised of two- and three-bedroom apartment homes in seven garden-style buildings. Community amenities include a resort-style swimming pool, fitness center, clubhouse, playground, laundry facilities, detached garages and a dog park.
Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group.
When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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