 |
| Marc Robinson |
CHARLOTTE,
SC— Multi Housing Advisors (MHA) has arranged, in separate transactions, the
sale of two apartment communities located in Simpsonville, South Carolina, for
a total of $33.65 million.
These transactions mark the fourth sale for MHA in
the Greenville area this year.
Marc Robinson, Jordan McCarley and Watson Bryant of MHA’s Charlotte office
represented the sellers in the transactions. The details are below:
·
Ginkgo Residential purchased the 120-unit Enclave at Fairview, located
at 630 Fairview Road, from McCall Capital for $11 million. The property, built
in two phases in the late 1980’s, features two- and three-bedroom townhomes, a
resort-style swimming pool, fitness center, playground area, car care center
and dog park.
·
Garden District Realty Partners acquired the 223-unit Garden District
Apartment Homes, located at 100 Garden District Drive, from Waypoint
Residential for $22.65 million. The property, built in 2008, features
best-in-class finishes including hardwood flooring, granite countertops,
plantation blinds, custom cabinetry and designer lighting fixtures.
“The
greater Greenville area is one of the nation’s healthiest apartment markets,
fueled by consistently strong employment and population growth,” McCarley said.
“This fundamental strength provides a bright outlook for these two assets and
the area’s entire multifamily sector moving forward.”
For a complete copy of the company’s news release,
please contact:
Savannah
Duncan
The
Wilbert Group
404-343-0870
(O) 404-901-4433 (C)
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