West Shore Buys South Carolina Luxury Asset
The recently completed property is part of a 4,000-acre master-planned community.
West Shore has purchased Solis Nexton, a 320-unit luxury community in Summerville, S.C. Terwilliger Pappas was the previous owner, according to Yardi Matrix data.
The recently completed property is part of Nexton, a 4,000-acre master-planned community. Established in 2013, Nexton features over 2,000 new residences, retail, office commercial and co-working spaces.
Solis Nexton is West Shore’s third acquisition in the Charleston market and its eighth in South Carolina. The company purchased two other communities in the state last year.
A recently completed luxury community
Terwilliger Pappas broke ground on the community in 2021, financing its construction with a $34.8 million loan originated by Synovus Bank, Yardi Matrix shows. Completed just last year across an 11-acre site, Solis Nexton encompasses nine buildings with studio, one-, two- and three-bedroom apartments ranging between 707 and 1,248 square feet.
Amenities include a fitness center, a business center, a swimming pool, a dog park and pet spa, a private yoga and spin studio, a gaming and entertainment lounge, outdoor grills, electric charging stations and garage parking. Apartments have smart-home features, washers and dryers, stainless-steel appliances, walk-in closets and balconies or patios.
Located at 6000 Front St., the luxury community is near the junction of Interstate 26 and U.S. Route 17, which provide direct access to downtown Charleston. Residents have immediate access to numerous retail, dining and entertainments options.