Tuesday, October 13, 2015

Multi Housing Advisors Brokers $11.2 Million Sale of Columbia, SC CApartment Community


Marc Robinson
CHARLOTTE (Oct. 13, 2015) — Multi Housing Advisors (MHA) has arranged the $11.2 million sale of the 200-unit Country Walk, located in Columbia, South Carolina.

Marc Robinson, Jordan McCarley and Watson Bryant of MHA’s Charlotte office represented the seller, QR Capital, in the transaction. EB Real Estate Group, LLC (Eli Neuburg and Benny Tenenbaum) purchased the property.

“Columbia is supported by a diversified economy benefiting from a stable mix of government, military, education and healthcare jobs which have yielded improving market fundamentals,” McCarley said. 

“This well-maintained property provides the buyer a stable, cash flowing asset with innate value-add potential allowing for future rent growth.”  

Country Walk, built in 1972, has been recently renovated and is located in the Harbison area of Columbia.

For a complete copy of the company’s news release, please contact:

Deborah Rogers
Multi Housing Advisors

No comments: