American Landmark Apartments has acquired Ingleside Apartments, a 304-unit class ‘A’ community to be renamed ‘Sage at Ingleside’ located in North Charleston, South Carolina. Built in 2008, the property is situated in the thriving North Charleston submarket.
This acquisition marks American Landmark’s seventh property in the Charleston MSA, signifying its continued confidence of the region’s robust multifamily fundamentals.
“The acquisition of Sage at Ingleside signifies our continued approach to expanding in compelling markets that have illustrated a trajectory for long-term growth,” said Christine DeFilippis, Chief Investment Officer at American Landmark Apartments in a statement. “A leader in job growth, Charleston has consistently demonstrated a key factor important to our investment thesis, allowing us to expand further in this market.”
Located at 9345 Blue House Road, Sage at Ingleside offers a wide array of amenities featuring both traditional and renovated interior finishes. Each unit is designed with modern amenities such as wood-style flooring, 9-foot ceilings with crown molding, stainless-steel or black appliances, and granite countertops. Community amenities include free Wi-Fi, a 24-hour fitness center, a barbecue picnic area, a multipurpose clubhouse, and an onsite dog park.
Sage at Ingleside is located near multiple important transit routes and employment centers. Interstate 26 is less than 5 minutes away, providing direct access to central Charleston. Trident Executive Village, home to various medical centers, is less than 10 minutes away, and Charleston International Airport is about 20 minutes away.
