January 21, 2026

North Charleston’s Apartment Market Sees Significant Investment

North Charleston, January 21, 2026

North Charleston’s real estate sector is thriving, with recent investments reflecting robust economic growth. The sale of Link Apartments Mixson, a 358-unit community, underscores investor confidence in the area’s development. The city’s strategic location and business-friendly environment are attracting significant private capital, signaling optimism for future housing demands as the population continues to grow. This investment trend is expected to stimulate further economic activity and job creation in the Lowcountry.

North Charleston’s Apartment Market Sees Significant Investment

North Charleston, SC – The dynamic real estate landscape of Charleston County continues to demonstrate its resilience and attractiveness to investors, signaling robust economic health in the Lowcountry. Private capital infusion, driven by entrepreneurial vision, plays a crucial role in shaping the region’s growth. A recent significant transaction in North Charleston underscores this trend, highlighting the sustained confidence in the area’s development trajectory and the enduring appeal of well-managed assets.

This latest investment is a testament to the efficient workings of the free market, where private enterprises identify opportunities and deploy capital to meet growing demand. Such transactions not only reflect the inherent value of local properties but also contribute to the broader Charleston SC business environment by stimulating economic activity and supporting local jobs. It’s a clear indication that limited regulation, when paired with strategic development, can foster environments where both established firms and South Carolina entrepreneurs can thrive.

A Noteworthy Transaction in Park Circle

JLL recently brokered the sale of Link Apartments Mixson, a substantial 358-unit apartment community located at 4501 Mixson Avenue within North Charleston’s desirable Park Circle submarket. This transaction saw Comunidad Realty Partners acquire the property from Grubb Properties. The specific sale price for the community was not disclosed. Representing the seller in this significant deal were John Gavigan, John Mikels, Ben Bury, and Chase Monroe of JLL.

The Link Apartments Mixson community is spread across 13 three-story residential buildings. Its strategic location places it approximately two miles from Charleston International Airport and about seven miles from the United States Joint Airforce Charleston, which stands as the largest employer in the region. This proximity to major employment hubs further enhances the property’s appeal and signals continued demand for quality housing options in the area.

North Charleston: A Hub of Economic Growth

The City of North Charleston is widely recognized as a primary driver of the State’s economy, serving as an epicenter for business development. The city cultivates a business-friendly environment, offering incentives designed to enable companies to compete on a global scale. Its vibrant and highly skilled workforce is a magnet for diverse industries, including aerospace, automotive, aviation, bioscience, defense, renewable energy, financial services, and information technology. This diversified industrial base contributes significantly to the Charleston County economy.

As the third largest city in South Carolina, North Charleston boasts excellent accessibility and a centralized position within the region. Demonstrating sustained commercial vitality, the city has notably led the State in retail sales for 21 consecutive years. This long-standing performance in retail, alongside its industrial growth, showcases the strong economic foundation and consumer confidence present, vital components for a flourishing Charleston small business ecosystem.

Charleston’s Multifamily Market: Navigating Supply and Demand

The broader Charleston-North Charleston apartment market is currently experiencing a dynamic phase, approaching a peak in its unprecedented wave of apartment supply. More than 6,000 new units are scheduled for delivery in the year ending the first quarter of 2025, an all-time high in real estate data spanning 24 years in Charleston. This surge in deliveries is expected to boost inventory by a record 8.3 percent. This inventory increase is approximately 75 percent above the five-year average annual inventory expansion rate of 4.7 percent. Looking ahead, deliveries are projected to fall below the five-year average in late 2025 before stabilizing around 2 percent inventory growth through 2027.

Historically, the existing unit base in Charleston saw a remarkable 57 percent increase over a decade, growing from 47,637 units in the third quarter of 2014 to 75,572 units in the third quarter of 2024. Over the last five years alone, inventory climbed more than 26 percent. Despite this increased supply, robust job growth and favorable demographics within this Sun Belt metropolitan area continue to underpin housing demand. The Charleston metro area notably ranked among the top 10 markets nationwide for job growth in the year ending September 2024, recording a 4.2 percent increase. Furthermore, the population in the metro area grew by 8.0 percent from 2017 to 2022, according to U.S. Census data.

In the first half of 2025, Charleston, South Carolina’s multifamily sector absorbed 2,768 units, marking the highest demand observed since 2021. While occupancy experienced a dip of 137 basis points to 87.20 percent, it has since shown an upward trend from the 86.70 percent recorded in the first quarter of 2025. Asking rents saw a modest year-over-year increase of $2 per square foot, reaching $1,848. Following a subdued performance in 2024, rent growth is anticipated to rebound, with rents forecasted to rise by 2.2 percent by year-end 2025.

Strategic Location Fuels Long-Term Demand

Beyond the immediate transaction details, the strategic positioning of properties like Link Apartments Mixson within North Charleston is key to understanding their long-term value. The ongoing development of a $1 billion medical campus for Roper St. Francis Healthcare, located just one mile west of the property, is projected to introduce over 2,000 new jobs to the area. This kind of significant private investment in infrastructure and services creates a ripple effect, boosting demand for housing and local businesses, and reinforcing Charleston County’s economic growth. The consistent focus on welcoming such projects exemplifies a community understanding the benefits of proactive economic development.

North Charleston itself is preparing for significant demographic expansion, with 50,000 new residents expected by 2040. Apartments constitute approximately one-third of the city’s 44,500 housing units, with 47 percent of housing units occupied by renters. While median rents in North Charleston increased by 22 percent from $744 per month in 2007 to $909 per month in 2016, these rents remain relatively affordable compared to other areas in the region. In 2016, the median home value in North Charleston was estimated at $144,000, which was lower than the regional median of $200,000 and the City of Charleston’s median of $270,000.

Investor Confidence and Lowcountry Economic Growth

The recent apartment community sale in North Charleston reflects the sustained investor confidence in the region’s economic prospects. Charleston County is increasingly recognized as an incubator for entrepreneurial innovation, a place where ambitious visions are transformed into tangible investments. This area attracted an impressive $1.28 billion in capital investment for 2024. The Charleston-North Charleston metro area has also earned the distinction of being ranked the #1 US mid-sized metro area for growth. Such accolades and figures underscore the appeal of the Lowcountry as a prime location for both living and investment, driven by a talented workforce, strategic coastal location, and an enviable quality of life. The confluence of these factors fuels Lowcountry economic growth and creates an environment ripe for further development and personal achievement.

Moving Forward: Supporting a Prosperous Charleston

The sale of Link Apartments Mixson is more than just a real estate transaction; it’s a vote of confidence in North Charleston’s economic future and a clear indicator of the enduring strength of the Charleston SC business environment. As private investment continues to pour into key sectors, fostering both housing and job creation, the region benefits from a virtuous cycle of growth. This proactive and entrepreneurial spirit, coupled with sound economic policies that prioritize sensible development and limited government intervention, is essential for cultivating lasting prosperity.

We encourage our readers to continue supporting local businesses and stay engaged in the ongoing discussions about Charleston’s economic future. By working together, we can ensure that the Lowcountry remains a vibrant and thriving community for all South Carolina entrepreneurs and residents.

Frequently Asked Questions

What was the recent significant real estate transaction in North Charleston?

JLL recently brokered the sale of Link Apartments Mixson, a 358-unit apartment community located at 4501 Mixson Avenue in North Charleston’s Park Circle submarket.

Who purchased the Link Apartments Mixson property?

Comunidad Realty Partners purchased the apartment community from Grubb Properties.

What are some key features of the Link Apartments Mixson property?

The property is a 358-unit apartment community spread across 13 three-story residential buildings. It is located approximately two miles from Charleston International Airport and about seven miles from the United States Joint Airforce Charleston.

How is the North Charleston area contributing to the State’s economy?

The City of North Charleston drives the State’s economy as the epicenter of business development, offering a business-friendly community with incentives. It is the third largest city in South Carolina and has led the State in retail sales for 21 consecutive years.

What are the current trends in the Charleston-North Charleston apartment market supply?

The Charleston-North Charleston apartment market is approaching a peak in its record apartment supply wave, with more than 6,000 new units scheduled to deliver in the year ending the first quarter of 2025. This surge will push inventory up a record 8.3 percent.

What is the outlook for rent growth in the Charleston apartment market?

Following a subdued performance in 2024, rent growth is anticipated to rebound, with rents forecasted to rise by 2.2 percent by year-end 2025.

What is the population growth projection for North Charleston?

North Charleston expects 50,000 new residents by 2040.

What was the capital investment in Charleston County for 2024?

Charleston County attracted $1.28 billion in capital investment for 2024.

Key Features of Link Apartments Mixson

Feature	Detail
Property Name	Link Apartments Mixson
Location	4501 Mixson Avenue, Park Circle submarket, North Charleston, SC
Number of Units	358
Number of Buildings	13 three-story residential buildings
Seller	Grubb Properties
Buyer	Comunidad Realty Partners
Brokerage Firm	JLL
Proximity to Airport	Approximately two miles from Charleston International Airport
Proximity to Major Employer	Approximately seven miles from United States Joint Airforce Charleston (largest regional employer)
Nearby Development Impact	One mile from a $1 billion medical campus for Roper St. Francis Healthcare, expected to create over 2,000 jobs.