facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

South Carolina

/

Multifamily

/

Sale

/

Greenville, South Carolina,...

Haven Realty Capital & CenterSquare Investment Management Acquire Multifamily Property In Greenville, SC For $41.8M
SOLDMultiFamily

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

CenterSquare Investment Management
CenterSquare Investment ManagementBuyer
CH
Crescent HomesSeller

Greenville MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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