Johns Island Apartment Complex Sells for $18.75M

Johns Island apartment complex sold for $18M as future employee housing

An affiliate of New York-based Blue Hour Housing purchased an 80-unit Johns Island multifamily complex for $18.75 million.

Johns Island apartment complex sells for $18.75M

​ CBRE brokered the $18.75 million sale of Forest at Fenwick on Johns Island. An affiliate of Blue Hour Housing acquired the 80-unit apartment community. The property is located at 15 Stardust Way and features two-bedroom units. Amenities include a pool, fitness center, grilling area and community space.   CBRE, a global real estate firm based in Dallas, sold Forest at Fenwick, an apartment complex in Johns Island.   The $18.75 million pur…