Rockpoint, Realco JV acquires 357-bed, 114-unit Charleston student housing community, Summit Place, for $37.8M ($105,882/bed | $331,579/unit)

  • 7/29/2024

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Rockpoint and Realco Capital Partners (RCP) has acquired Summit Place, a class A, midrise student housing community in Charleston, N.C. Built in 2020, Summit Place is a modern, purpose-built housing complex neighboring the College of Charleston campus in the Upper King Street community, offering students full-service, amenitized living. The property comprises 118 units and 357 beds, along with highly desirable amenities including a fitness center, pool and dedicated spaces for student residents to study and unwind.

Rockpoint
Fred Borges | Senior Managing Director-East Region
Realco Capital Partners (RCP)
Bobby Child | Principal-Acquisitions

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