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Think Multifamily has acquired Alston Arms Apartments in North Charleston, SC for $28.1 million.

Think Multifamily Decides to Buy North Charleston Community for $28M

Think Multifamily has completed the $28.1-million acquisition of Alston Arms Apartments, a 160-unit multifamily community in North Charleston, SC.

Johnathan Kessler and John Drummon of Greenville, SC-based Aline Capital brokered the transaction.

“The property is located in the ever-growing submarket of North Charleston,” said Kessler. “The area has seen tremendous growth over the past few years and with the influx of more residents to the area, workforce housing will remain strong.”

The community is situated on 8.7 acres and was constructed in 2007. At the time of sale, the property was undergoing both interior and exterior renovations and the buyer plans to continue these efforts.


Inside The Story

Aline Capital

About Lisa McDuffie

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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