Haven Realty Capital & CenterSquare Investment Management Acquire Multifamily Property In Greenville, SC For $41.8M
Greenville, South Carolina, United States
$41,800,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 27, 2022
AI
A 32-acre multifamily property in Greenville, SC has been sold for a staggering $41,800,000. The property was purchased by Haven Realty Capital and CenterSquare Investment Management from Crescent Homes.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $41,800,000
- Market: Greenville, SC
- Buyer: Haven Realty Capital & CenterSquare Investment Management
- Seller: Crescent Homes
- Image: Sudha Reddy & E. Todd Briddell
- Date: 06/28/2022
The transaction involved key individuals and companies such as Sudha Reddy and E. Todd Briddell, representing the buyer and seller respectively. Sudha Reddy and E. Todd Briddell acted as the buyer's and seller's representatives in the deal.
Players
Greenville MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.38%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93