Slideshow Image

Columbia Value-Add 3 Portfolio

Posted: 2/7/2023
434 Units
Want to add this to My Listings (or tell us why you're not interested)?
Log In or Register ...

Photos

Sold
Slideshow Image
Fountains of Edenwood
Sold
Slideshow Image
Fountains of Edenwood
Sold
Slideshow Image
Fountains of Edenwood
Sold
Slideshow Image
Fountains of Edenwood
Sold
Slideshow Image
Fountains of Edenwood
Sold
Slideshow Image
Fountains of Edenwood
Sold
Slideshow Image
Fountains of Edenwood
Sold
Slideshow Image
Fountains of Edenwood
Sold
Slideshow Image
Fountains of Edenwood
Sold
Slideshow Image
The Farrington
Sold
Slideshow Image
The Farrington
Sold
Slideshow Image
The Farrington
Sold
Slideshow Image
The Farrington
Sold
Slideshow Image
The Farrington
Sold
Slideshow Image
The Farrington
Sold
Slideshow Image
The Farrington
Sold
Slideshow Image
The Farrington
Sold
Slideshow Image
Three Rivers
Sold
Slideshow Image
Three Rivers
Sold
Slideshow Image
Three Rivers
Sold
Slideshow Image
Three Rivers
Sold
Slideshow Image
Three Rivers
Sold
Slideshow Image
Three Rivers
Sold
Slideshow Image
Three Rivers

About

About Columbia Value-Add 3 Portfolio

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 434-unit Columbia Value-Add 3 Portfolio, which can be acquired together or individually. Located in two of Columbia’s most prestigious and high barriers to entry submarkets, Dutch Fork and Lexington, residents at each asset enjoy direst access to 142k+ jobs within a 20-minute drive, seamless connectivity to the area’s largest employers, top tier retail, and higher education paving the way for continued appreciation. Furthermore, the immediate areas provide exceptional demographics with high avg. household incomes, predominantly white-collar workforces, and diminishing multifamily pipelines surrounding each asset. The portfolio arrives to market displaying attractive fundamentals including steady occupancy levels (98% avg.), an attractive mix of outsized floorplans as 50% of units are townhomes, an 18+ year ownership hold, and the opportunity for future development on Three Rivers’ additional 3 acres of land. Built from 1970-1974, this portfolio offers an outstanding opportunity to gain immediate scale and infrastructure in a high growth southeastern market through three well maintained assets ($2.9M+ in CapEx since 2020) with proven value-add programs achieving average premiums of $140.