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Center Park Group , a general contractor and home builder in the Southeast, has wrapped up construction on 30 for-rent homes on James Island. Brisbane features 30 single-family detached homes at 1906 Weeping Cypress Drive. Residents can choose from three open-concept plans offering up to 2,175 square feet of living space with three to four bedrooms and attached one- and two-car garages.
Vertical construction began a year ago with the final home closing in January. Upon completion, the homes were delivered to American Homes 4 Rent , a pubicly traded owner, operator and developer of single-family rental homes. The project is Center Park Group's fifth completed community with Las Vegas-based American Homes in the local market.
Center Park has more than a dozen build-to-rent communities under development, comprising more than 680 homes. Over in West Ashley, Center Park Group expects to deliver another 155 for-rent townhomes at Bellerose at Bees Ferry by mid-April. Each unit offers 1,400 square feet of living space with three bedrooms, two-and-a-half baths, an attached one-car garage and modern appliances.
Center Park Group, in partnership with The Berry Co. and Batson-Cook Development Company , also started land development on Berkshire on Clements Ferry in January. Located at 1049 Point Hope Parkway, the 40-acre build-to-rent community in the Cainhoy area will feature 192 townhomes with one-car attached garages when completed.
The three-bedroom, three-and-a-half bathroom units will each have about 1,200 square feet of living space. The median home price for Charleston County reached $727,500 in March, a 13.6 percent jump from the $640,500 a year prior, according to new data from the Charleston Trident Association of Realtors .
For the overall region, which includes Charleston, Colleton, Berkeley and Dorchester counties, the median price rose 4.6 percent to $429,000 in March. The rising cost comes as demand for waterfront living, especially, remains high.
A downtown Charleston home on Murray Boulevard along the Ashley River just sold for $15.2 million within a week. On the sea islands, Kiawah's median sales price jumped 42 percent to $3.
3 million in March, while it climbed 28 percent on the Isle of Palms to $2.6 million. James Island hit $1.
58 million, a gain of 5 percent year over year. An industrial building in North Charleston has sold for $8 million. The 33,450 square-foot building sits on roughly 7 acres.
The property is now available for lease. NAI Charleston agent Dexter Rumsey represented the buyer, 1069 Lincoln LLC of Stamford, Conn. The seller, represented by Whit Jones also with NAI, is 1069 Lincoln Avenue LLC , which bought the property in 2012 for $2.
35 million. A Charleston multifamily property has changed hands for $1.2 million.
Coldwell Banker represented the buyer, Christen Pfeuffe r, in the sale. The triplex at 2135 Montford Ave. encompasses 4,197 square feet.
Carolina One represented the seller, 2135 Montford Ave Village LLC , according to county deeds. A charter school has leased a little over 1,700 square feet of office space in Summerville. Twin Rivers Capital LLC represented the tenant, Charter Schools USA , in the lease of 107 West 6th North St.
in Summerville. Cityvolve represented the landlord. The Cooper is Saussy Burbank's new 3,091-square-foot model home in Nexton in Summerville.
A Carolinas-based homebuilder has unveiled its model home at Nexton's Midtown neighborhood with a local river theme running through it. The home is part of Saussy Burbank's Waterway Home Collection and is at 204 Carefree Way in Summerville. The Cooper is a 3,091-square-foot, two-story single-family home with three bedrooms and 21⁄2 bathrooms, as well as an outdoor rear porch.
In addition, the Waterway brand offers three other floor plans: the Wando, Stono and Edisto, ranging from 2,600 to 3,200 square feet. Prices start in the low-to-mid $700,000s..
