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Investment Details

Investment Summary

JEM Holdings acquired The Palms apartments in August, 2017 in an off-market transaction as a value-add investment. Constructed in 1968, The Palms is a 408-unit garden style apartment community located in the fast growing West Ashley submarket, just 6 miles northwest of downtown Charleston, along a thoroughfare adjacent to the Sam Rittenburg Boulevard, a major artery which connects the property to several major highways. The property features large average unit sizes and amenities including a beautiful swimming pool with sundeck and a fitness center.

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