Troesh Family Foundation Acquires Multifamily Asset From GVD Development In Greenville
1905 Centerpoint Lane
Building Size
200,000 SF
Asset Type
MultiFamily
Closing
Sep 23, 2025
AI
The property asset involved in the transaction is a multifamily asset located at 1905 Centerpoint Lane in the Greenville market. It comprises 216 units and encompasses a total of 200,000 square feet.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 1905 Centerpoint Lane
- Market: Greenville
- Units: 216
- Square Footage: 200,000
- Buyer: Troesh Family Foundation
- Seller: GVD Development
- Broker Representatives: Asher Hall & Grant Raymond - Cushman & Wakefield
This transaction was facilitated by brokers Asher Hall and Grant Raymond from Cushman & Wakefield, who represented the parties involved, ensuring a smooth process between the buyer, Troesh Family Foundation, and the seller, GVD Development.
Players
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93