Jan 20, 2022 –West Shore, a Boston-based multifamily real estate investment firm, announced its acquisition of three new properties – two in South Carolina and one in Florida.
“2021 was a terrific year West Shore and 2022 to is off to a strong start as we announce the addition of three outstanding properties to our expanding portfolio of multifamily assets,” said Steven P. Rosenthal, Chairman of West Shore. “Sweetwater Apartments, Vantage at Wildewood, and Uptown Village are all unique properties that are positioned for further growth.”
Sweetwater Apartments is a 320-unit waterfront luxury apartment complex in Charleston, South Carolina. Sweetwater has six deep water docks for residents’ use, a private boat ramp, and a kayak ramp that affords residents an authentic, upscale coastal lifestyle. Residents have easy access to all that Daniel Island has to offer including restaurants, retail, and public recreation opportunities, or stay on-property for the incredible views, waterfront hammocks, creekside oyster bar, and stunning sunsets. Charleston’s historic charm and expanding job market continue to rapidly attract new residents. West Shore also acquired 17 South Apartments in Charleston in September 2021.
Vantage at Wildewood is a 264-unit apartment complex with newly renovated units located in the heart of Richland County in Columbia, South Carolina. Residents may relax poolside, enjoy fireside evening chats with neighbors, or adventure into the “wilde” by hitting the local trails and nearby parks. The property provides seamless access to premier retail and employment in the area. Vantage at Wildewood is West Shore’s fourth acquisition in the Columbia area, adding to its properties Reserve at Mill Landing, Arcadia’s Edge, and Town Center at Lake Carolina.
Uptown Village (formerly Evergreen at Uptown Village) is a resort-style 322-unit luxury apartment community in Gainesville, Florida, which merges natural elements with modern comforts and conveniences. The newly renovated apartments are conveniently located near downtown Gainesville and the University of Florida. Residents enjoy all-inclusive amenities, including a resort-style pool, shaded cabana, nature trails, and a dog park. West Shore also owns Legacy at Fort Clarke in Gainesville.
“These three acquisitions are in some of the fastest growing and exciting areas of the country,” said West Shore President, Lee Rosenthal. “We are proud to add these communities in Charleston, South Carolina, Columbia, South Carolina, and Gainesville, Florida, to our portfolio as we continue to strategically scale in markets where we already own and operate properties.”
Original Article: https://bostonrealestatetimes.com/boston-based-west-shore-acquires-three-new-properties-in-south-carolina-and-florida/