The Cooper

About The Cooper

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of The Cooper, a 165-unit multifamily community located in the affluent pocket of Forest Acres in Columbia, SC. Built in 1970, this asset is strategically positioned in the ever-expanding Richland County, which boasted a record breaking $2.3B+ in capital investment announcements in 2023, bringing in 4.7k+ new jobs to the area. The immediate pocket surrounding the property boasts top-tier demographics ($90K avg. HHI, 83% college educated, 82% white-collar employment), as well as Grade-A schools and premier retail, including Fresh Market, Publix, and Trader Joe’s all just a mile away. Since acquiring the property in 2021, ownership has infused over $6.5M+ of capital, with most noteworthy expenditures including unit renovations, washer/dryer connections, and new roofing. Boasting out-sized floorplans (1,080 SF), there is a meaningful rent delta to top submarket competitors ($400+), which can be bridged organically in addition to capitalizing on the summer leasing season.