South Carolina Multifamily Property Sells for $77.5M

Joint venture acquires 336-unit multifamily community located in Ladson, SC

Broadstone Ingleside, a 336-unit multifamily community located in Ladson, South Carolina was sold to a joint venture between affiliates of Abacus Capital and Westbrook Partners for $77.5 million.

Cushman & Wakefield’s John Phoenix, Louis Smart, and Austin Green represented the seller in the transaction.

Broadstone Ingleside was built in 2021. Ladson is a submarket just off Interstate 26. The multifamily community is at the economic center of Charleston’s employment with several big-name corporations that have a local presence nearby.