Continental Realty Corporation (CRC) added to its South Carolina multifamily portfolio with the acquisition of Elevate at Brighton Park, a property with 329 apartment homes located at 115 Great Lawn Drive in Summerville near Charleston. American Landmark, the seller, was represented by Newmark’s Alex Okulski.
Delivered in 2019 and currently 94 percent leased, Elevate at Brighton Park consists of 19 three-story buildings with three distinct product types: traditional garden-style apartments, carriage homes, and townhome units with attached garages. The average home size provides 1,014 square feet of space. The community features a standalone clubhouse equipped with separate fitness and business centers, an exterior saltwater swimming pool, and outdoor lounge areas with grills, gaming options, a hammock garden, and dog park. Various pocket parks are also situated throughout the community.Â
CRC intends to complete interior unit upgrades and improvements to the common-area amenities.
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