Ryan Griffin Of Actus Capital Acquires Multifamily Community In Fort Mill For $18.3M

The multifamily asset located at 2300 Forest Ridge Road in Fort Mill, SC, spans 17 acres and comprises 136 units. The property was sold for $18,300,000, translating to a per-unit price of $134,559. This transaction marks a significant acquisition in the regional market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $18,300,000
• Buyer: Ryan Griffin - Actus Capital
• Seller: Julie Porter - DreamKey Partners
• Units: 136
• Per Unit Price: $134,559
• Financing: $12 million from Ameritas Life Insurance Corp.
• Market: Fort Mill, SC
• Acquisition History: Sold by DreamKey Partners, who purchased it for $12.4 million in 2016.

Ryan Griffin, representing Actus Capital, successfully completed this acquisition, marking their first property purchase in Fort Mill and their seventh in the Charlotte region. Julie Porter represented DreamKey Partners in the sale of the property.