Argyle Real Estate Partners announced the closing of Newbrook Point Hope, a 264-unit community located in Charleston, S.C. The acquisition marks the company's first in the Charleston market.
"Argyle is pleased to tap into uncharted territory and close out the year with the acquisition of Newbrook," said Ryan Reyes, CEO at Argyle Real Estate Partners. "Given its location and accessibility, the mint condition of the asset and the development planned for the area, which we believe will help spur future growth, we're confident that Newbrook will be one of our standout properties."
Newbrook is at the epicenter of Point Hope, a master development plan that contains single-family residential homes from many of the nation's top builders, multifamily housing, retail and office space, and brand-new A-rated public schools.
The 2021-vintage Newbrook offers studios and one-, two- and three-bedroom apartments with unique and spacious floorplans averaging more than 1,000 squar
