Feb
19

Charleston Student Housing Complex Sold

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A high-profile downtown Charleston student housing development recently exchanged hands in a multimillion-dollar deal.

A Sullivan’s Island-based company named 400 Meeting CMB, LLC, has purchased the 400 Meeting Street Apartments development at Meeting and Reid streets for $18.4 million, according to Charleston County property records.

Patrick Marr, an official at 400 Meeting CMB, was not immediately available for comment this morning.

The development was previously owned by Greenville-based Collegiate Hall Meeting Street, LLC.

The 400 Meeting Street Apartments houses 42 apartments and a parking lot between the apartments and nearby homes on Nassau Street. The property opened last year and touted rents starting at $850 a month per bedroom.

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