Multi-million dollar apartment complex renovations in Charleston, SC

Aster Place Apartments, 1840 Carriage Ln. | Image via Google Maps

$30.9 million. The amount of money CBRE Capital Markets’ Debt & Structured Finance has arranged in financing for the acquisition of Aster Place Apartments — a 288-unit garden-style apartment complex in West Ashley.

Who’s the buyer? Strata Equity Group — based in San Diego

Where’s the property located? 1840 Carriage Ln.

What are the property features? Two stories with 1, 2, and 3-bedroom floor plans — averaging 825 sqft.

Amenities at the property include a swimming pool, dog park, fitness center, playground, clubhouse + storage. The company plans on spending $3.6+ million on the property’s upgrades. 

Click the button below to learn more about CBRE securing financing for this apartment community.