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Granby Oaks

Posted: 3/10/2022
148 Units
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Granby Oaks
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Granby Oaks
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Granby Oaks

About

About Granby Oaks

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 148-unit Granby Oaks apartment community located in bustling Columbia, SC. This asset is ideally situated near the 47-mile-long Congaree River and just a mile from downtown Columbia, providing residents easy access to the area’s foremost employment centers as well as many recreational activities. Granby Oaks’ exceptional location boasts impressive projected rent growth (21%), a majority white-collar workforce (58%), and a strong renter occupied population (67%). Located in a sought-after pocket of Lexington County, the property is surrounded by an abundance of entertainment options including the Parkland Plaza, an outdoor amphitheater, riverside activities, and the Cayce Riverwalk. Meticulously maintained during the course of ownership’s 30-year hold, Granby Oaks arrives to market a clean slate for investors to complete Class-A renovations on all units and push rents $275, aligning the asset with top submarket competitors.