SOLD

Millennium Apartment Homes

221 Fairforest Way, Greenville, SC 29609

Property Overview

Millenium Apartment Homes, situated on 32.9 acres, is a pet-friendly 305-unit apartment community located in Greenville, S.C. It includes 36 two-story residential buildings and a single-story club house and office.

The community’s “big house” architectural design concept, which includes private ground floor entrances for each unit, sets it apart from other competing apartment communities in the Greenville market.

This Class A property also benefits from its gated entrance, resort-style amenities including a fitness center, swimming pool and business center and modern, well-equipped floor plans, which serve to attract the area’s higher income residents.

Investment at a Glance

Location: Greenville, S.C.

Property Type: Class A Apartment Community

Acquisition Date: June 7, 2013

Purchase Price: $33,600,000

No. of Buildings: 36

No. of Stories: 2

Square Footage: 303,131 SF

Year Built: 2009

Leased Percentage (at the time of Acquisition): 93%

$33,600,000 Total Purchase Price
303,131 square feet Total Rentable Area
Multifamily Building Class