Hawthorne Westside

Posted: 4/20/2017
SOLD
200 Units
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Hawthorne Westside
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Hawthorne Westside
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Hawthorne Westside
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Hawthorne Westside
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Hawthorne Westside
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Hawthorne Westside
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Hawthorne Westside
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Hawthorne Westside
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Hawthorne Westside
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Hawthorne Westside
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Hawthorne Westside
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Hawthorne Westside
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Hawthorne Westside

About

About Hawthorne Westside

Offers due:  Tuesday, May 23, 2017

The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present Hawthorne Westside, a 200-unit garden apartment community located in the heart of the West Ashley neighborhood just minutes from Downtown Charleston. With direct I-526 access, the property offers convenient access to major employment centers including Boeing, Joint Base Charleston, the new Mercedes-Benz plant, and Volvo plant. The well-maintained, 1987-built property offers the best amenity package in the submarket and includes a proven value-add program obtaining $115 to $150 premiums on a $4,900 to $5,700 renovation scope. Further upside remains as: (1) new supply is averaging $350 - $500 higher rents and (2) 1980’s value-add product on James Island is averaging rents $140 - $240 above Hawthorne Westside.