The Cushman & Wakefield Southeast Multifamily Advisory Group is pleased to present the 300-unit West Ashley Value-Add Portfolio comprised of Monument Square and The Carlyle. The properties are located in the heart of West Ashley, one of Charleston’s fastest growing submarkets, just minutes from Downtown Charleston as well as other major employment centers including Boeing, Joint Base Charleston, the new Mercedes-Benz plant and Volvo plant. The recent adoption of Plan West Ashley, a master plan intended to spur economic development in the area through public-private partnership, will serve as a catalyst for growth in the submarket. With recent targeted capex programs complete, new ownership will have the opportunity to complete the in-place value-add programs to further boost NOI across the two properties.
Monument Square and The Carlyle (2 properties, 300 units)