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Transactions - SEPTEMBER 2, 2020

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South Carolina multifamily property sells for $54m

by Released

Prominent Realty Group has acquired a multifamily property in Port Royal, S.C. The sales price was $54.1 million.

Located in an admired location in Port Royal, Preserve at Port Royal is located at 1 Preserve Avenue W. The multifamily asset consists of 400 units. The amenities include a newly remodeled fitness center, two swimming pools, library, two resident business centers, playground, dog park, detached garages, storage units, car care center, laundry center, two outdoor kitchens with grilling areas, and a bird sanctuary.

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