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Granby Crossing

Posted: 9/1/2021
168 Units
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Granby Crossing
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Granby Crossing
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Granby Crossing
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Granby Crossing
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Granby Crossing
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Granby Crossing
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Granby Crossing
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Granby Crossing
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Granby Crossing
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Granby Crossing
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Granby Crossing
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Granby Crossing
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Granby Crossing
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Granby Crossing

About

About Granby Crossing

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 168-unit Granby Crossing apartment community located along the Congaree River in bustling Cayce, SC. The property is situated across the river from the rapidly expanding downtown, Columbia, characterized by its young and affluent demographic base with a 61% white collar population, high HHI growth (14%), and exceptional projected rent growth (19%) through 2026. Located in Lexington County, the property is also surrounded by an abundance of outdoor recreational opportunities, including waterfront activities and an outdoor amphitheater, and a surplus of jobs less than a mile away in downtown. Still under the same ownership as when built in 1990, Granby Crossing represents a unique investment opportunity to complete Class A renovations on all units and command average premiums of $276, aligning the asset with top submarket competitors.