Apartments Near PTI Airport Sold

Posted By: Jon Lowder Blog ,

A 288-unit apartment community built in 2014 has been sold to a Boston-based company. Berkely Hall sold The Plantation at Pleasant Ridge to West Shore LLC for $42 million, as reported by the Triad Business Journal:

Rent for a one-bedroom unit starts at about $1,000, with two-bedroom units starting at $1,150, and three-bedroom units starting at $1,410, according to Apartments.com.

On its website, West Shore shows a portfolio of 25 multi-family communities in the Southeast, including Plantation at Pleasant Ridge. West Shore has two communities in North Carolina, both in metro Charlotte.