May
08

Landmark Acquires Columbia and Charlotte Apartments

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Richmond, VA-based Landmark Apartment Trust of America, Inc. has acquired 100 percent of the membership interests in Riverview Partners SC, LLC, which owns Reserve at River Walk, a multifamily residential apartment project in Columbia, South Carolina.

The purchase price for the acquisition is approximately $15,254,800. The new first mortgage on the property is $10,789,678.

The River Walk Property is comprised of 201,724 rentable square feet and contains 220 units. As of April 30, 2013, the River Walk Property was 96.82% occupied.

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    Categories : Charlotte, Columbia

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