Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Legacy Haywood, a 244-unit apartment community located in Greenville, South Carolina.
Tai Cohen, Jordan McCarley and Marc Robinson of Cushman & Wakefield represented the seller, Daniel Corporation, in the transaction. GrayCo Inc., a premier real estate investment firm with an operating platform throughout the Southeastern U.S., acquired the property.
“Legacy at Haywood offers residents the most luxurious, all-encompassing amenity package in the market, along with thoughtful, high-end unit interior finishes unmatched by competitors,” Cohen said. “The asset presents new ownership with an ideal position to realize embedded rent growth through long-term hold.”
Ideally positioned between downtown Greenville and the Interstate 85/Interstate 385 corridor, Legacy Haywood provides superior access to the market’s largest employment and retail nodes. The community sits within a top ranked school district and adjacent to Haywood Mall (125+ stores) with proximity Whole Foods, Trader Joe’s, and downtown. Amenities include co-working spaces, dog park, pet spa, fitness center, saltwater pool with poolside firepit, game lawn, garage parking, and outdoor lounge with kitchen.
Cushman & Wakefield’s Sunbelt Multifamily Advisory Group ranks No. 1 in Sunbelt market share based on over 250 transactions and $6.2 billion in multifamily and land investment sales in 2020 (Source: Real Capital Analytics). Market share reflects number of sales for Alabama, Arkansas, Northwest Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Texas.