Kole Management Aquires Ashton of Richmond Hill

Staff Report From Savannah CEO

Friday, August 7th, 2015

Kole Management Company has acquired Ashton of Richmond Hill, a 232-unit tax credit community located at 505 Harris Trail Road off of US Highway 17.

The property, built in 1995, has 4 spacious floor plans with washer/dryer connections, private balconies or patios, fully equipped kitchens and walk-in closets in select units. Ashton features an on-site clothes care center, fitness room, swimming pool, tennis court, volleyball court, playground and picnic area with gazebo.

“Ashton of Richmond Hill represents a solid acquisition for Kole Management Company,” said President Jeff Kole. “The apartments are spacious, well maintained and well appointed. Also, the property has a stellar location directly adjacent to highly regarded Richmond Hill High School.”

Ashton represents the 10th apartment community owned and operated by Kole Management Co., which consists of nine properties in Savannah, Garden City, Richmond Hill and the 408-unit The Palms in the West Ashley neighborhood of Charleston. For more information on Ashton of Richmond Hill, visit http://www.ashtonrichmondhill.com