Press Releases
Marcus & Millichap Arranges Sale of 137-Unit Apartment Community in North Charleston
June 30, 2026
CHARLESTON, S.C., June 30, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Sandover Apartments, a 137-unit multifamily complex in North Charleston.
“Working with a repeat buyer and seller allowed us to complete another successful transaction,” said Ryan Lipomi, senior director investments in Marcus & Millichap’s Charleston office. “We closed an all-cash deal in just seven days, marking our second closing in a week involving a similar property type with different buyers and sellers. The pace of these transactions underscores the strong demand for multifamily assets in the current market.”
Lipomi and William Graves Jr. of Marcus & Millichap facilitated the transaction.
Sandover Apartments is located at 4381 Gwinnett St. Built in 1973, the property sits on 4.87 acres and totals 97,525 rentable square feet. The community comprises studio, one- and two-bedroom apartments and is near Tanger Outlets Charleston, Interstate 526 and Interstate 26, providing convenient access to major employment centers, retail destinations and transportation corridors throughout the area.
“Working with a repeat buyer and seller allowed us to complete another successful transaction,” said Ryan Lipomi, senior director investments in Marcus & Millichap’s Charleston office. “We closed an all-cash deal in just seven days, marking our second closing in a week involving a similar property type with different buyers and sellers. The pace of these transactions underscores the strong demand for multifamily assets in the current market.”
Lipomi and William Graves Jr. of Marcus & Millichap facilitated the transaction.
Sandover Apartments is located at 4381 Gwinnett St. Built in 1973, the property sits on 4.87 acres and totals 97,525 rentable square feet. The community comprises studio, one- and two-bedroom apartments and is near Tanger Outlets Charleston, Interstate 526 and Interstate 26, providing convenient access to major employment centers, retail destinations and transportation corridors throughout the area.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
