Atlanta & Southeast News In Your Inbox

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Atlanta & Southeast  + Southeast  + Student Housing  | 
The Orchard Columbia student apartments in Columbia, SC

MultiVersity Housing Partners Acquires Student Complex Near USC

MultiVersity Housing Partners has acquired The Orchard Columbia, an 84-unit, 308-bed student housing property located less than one mile from the University of South Carolina. It is at full occupancy for the 2021-2022 lease term and 100% preleased for the 2022-2023 school year.

The asset is comprised of 84 cottage-style units spread across 8 acres, with a unit mix consisting of 28 three-bedroom units and 56 four-bedroom units each suited with bed-bath parity. It was constructed in three phases between 2015 to 2018

MVHP’s property management arm, MultiVersity Property Management, will be overseeing the management and planned improvements (including a poolside LED screen for Gamecock sporting events).

JLL, the Hunt Realty Team and EM 163 participated in the transaction.

Connect

Inside The Story

MultiVersity Housing Partners

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as he makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition