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1905 Centerpoint Lane

Updated Oct 3, 2025

Troesh Family Foundation Acquires Multifamily Asset From GVD Development In Greenville
SOLDMultiFamily

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

About this deal

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.

On the Map

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Players

Grant Raymond

Cushman & Wakefield

Broker

$445.7M

vol

27 deals

Broker
Cushman & Wakefield
Cushman & WakefieldBrokerage
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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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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