Mosby Ingleside, a 312-unit, Class-A apartment community developed, owned and managed by Virginia-based real estate firm Middleburg, was named winner of the 2018 Diamond Award for Community of the Year in the Charleston, SC area by the Charleston Apartment Association. Mosby Ingleside features elegant, highly-amenitized living amidst a tree sanctuary and protected wetlands. Mosby Ingleside is Middleburg’s first ground-up development in the Charleston, SC area.
“The Middleburg team is incredibly honored to receive the 2018 Diamond Award for Community of the Year for Mosby Ingleside,” said Middleburg Development Partner, Austin Knapp. “Our operations team did an outstanding job, far exceeding lease-up goals with an innovative product that introduced new standards for luxury apartment living in the Charleston area.” Mosby Ingleside achieved a pace of 27 move-ins per month with upward trending rents throughout the initial lease-up period and is now 96.2% leased.
Mosby Ingleside’s strong lease-up reflects innovative design, amenities, management and setting. The property was designed to encourage residents to enjoy its one-of-a-kind setting, with a wetlands area nature boardwalk in addition to the other community amenities. Middleburg was also one of the first in the Charleston market to introduce smart home features such as Kevo™ Bluetooth entry locks and Nest thermostats in every apartment home. As with all Middleburg properties and locations, the team became active in the community, volunteering time at several local charities and partnering with Charleston Hopes to adopt a classroom at a Title One school. Mosby Ingleside also launched its Local Heroes Program, providing firefighters, police officers, emergency medical technicians and public school teachers with rental discounts to ensure that those who serve our community can live in our communities.
Middleburg extends its appreciation and congratulations to the Mosby Ingleside development team, including the general contractor, Summit Contracting, architect of record, NarmourWright, interior designer, DEI and civil engineering firm, Dangerfield Engineering. Synovus Bank provided construction financing for Mosby Ingleside.
About Middleburg: Middleburg is a fully integrated multifamily development, investment, and management company operating in the southeastern and mid-Atlantic United States. Since 2004, Middleburg has acquired and developed more than 16,000 apartment units, executing approximately $2.0 billion in transactions. The Middleburg team shares a vision for greater value creation through community impact. The firm’s success is rooted in a genuine desire to serve its local communities in thoughtful and holistic ways. Middleburg embraces people, property, and partnerships to enhance the lives of others, contribute positively to its neighborhoods and maximize real returns for partners.