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IPA Arranges Sale of 288-Unit Greenville MF Property

Institutional Property Advisors has arranged the sale of Vantage at Powdersville, a 288-unit multifamily property in Greenville, S.C. The sales price was not disclosed.

Located off Interstate 85 and South Carolina Highway 153, the three-story, garden-style property was constructed in 2019 on 23 acres. Units feature nine-foot ceilings and full-size washer and dryers. Amenities include garages, carports, storage units and a resort-style swimming pool.

Will Balthrope and Drew Garza of IPA represented the seller, Vantage Communities, in the transaction. The buyer was RK Properties.

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Sale/Acquisition
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