CHARLESTON, South Carolina—Marcus & Millichap introduced the sale of Tru by Hilton Charleston Ashley Phosphate, a 121-room resort in North Charleston, South Carolina.
“By way of our aggressive advertising and marketing course of, we procured a number of affords and in the end uncovered an out-of-state 1031 alternate purchaser with seller-favorable phrases,” mentioned Jack Davis, senior managing director of investments in Marcus & Millichap’s Charleston workplace.
Davis, together with Marcus & Millichap’s Chase Dewese, Joce Messinger, and Brenden DeLuke, represented the vendor.
Inbuilt 2020, the five-story, ADA-compliant property sits on a 2.77-acre parcel and contains facilities corresponding to EV charging stations, an out of doors pool, and health and enterprise facilities. The property affords proximity to downtown Charleston, Charleston Worldwide Airport, Tanger Retailers, and a number of other Fortune 500 employers.
