Citadel Real Estate Group Acquires Multifamily Property In Columbia, South Carolina For $35.7M

The asset involved in this transaction is a multifamily property located at 780 Fashion Dr, Columbia, South Carolina. The sale was finalized for a total price of $35,700,000, which equates to a price per unit of $148,750 for its 240 units.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $35,700,000
• Units: 240
• Price Per Unit: $148,750
• Buyer: Citadel Real Estate Group
• Seller: VAS Apartments, LLC
• Brokerage Firms: Cushman & Wakefield
• Brokers: Tai Cohen, John Phoenix & Richard Gore

The transaction saw Citadel Real Estate Group as the buyer and VAS Apartments, LLC as the seller, with Tai Cohen, John Phoenix, and Richard Gore representing the deal on behalf of Cushman & Wakefield. Their involvement underscores the brokerage's role in facilitating this significant property transaction.