Projected 3-year Gross Internal Rate of Return (IRR): 24.4%
Palm Point Apartments is a well-maintained multifamily community in North Charleston, SC – a market that has proven to remain resilient during the Covid-19 pandemic and has continued to demonstrate positive population and economic growth.
This 72,800 SF asset with 112 units, features seven 2-story buildings and a 1-story clubhouse was built in 1991.
Cohen Investment Group acquired this asset on June 3, 2021.
Please give us a call or send us a message if you have any questions or would like to learn more about investment opportunities at CIG.