South Carolina Real Estate News

GREENVILLE APARTMENT DEVELOPMENT SOLD

CBRE Funding Markets promoted the sale of Sign Ridge Apartment Or Condo Residences, a 144-unit value-add multifamily building at 5 Crystal Springs Road in Greenville. Located just off Interstate 385, less compared to two miles from Haywood Shopping mall, the residential property is close to downtown Greenville as well as the Greenville Health System Patewood Medical University.

Philadelphia-based PRG Realty obtained Beacon Ridge. CBRE’s Kevin Kempf, Parker Yates, David Lansbury, and Phil Brosseau stood for the vendor, Charlotte-based Grubb Properties, in this deal.

Constructed in 1988, the property is positioned on 9.6 acres and also was 96 percent inhabited at the time of sale. Services consist of a 24-hour gym, expansive swimming pool and also sundeck, several cooking stations, clubhouse, company facility, barbecue locations, as well as canine park.