Haven Realty Capital has partnered with CenterSquare Investment Management to acquire Harrison Landing Townes, a community of 166 rental units in Simpsonville, SC
SIMPSONVILLE, SC – Haven Realty Capital acquired Harrison Landing Townes, a community of 166 units in Simpsonville, for $ 30.6 million. Haven partnered with CenterSquare Investment Management to acquire the property. The construction company of the single-family rental community was not disclosed.
Harrison Landing Townes is located on 18 acres of land at 106 McGuires Place, 21 miles southeast of downtown Greenville. Each 1,564-square-foot two-story townhouse will have three bedrooms, two and a half bathrooms, an attached garage, vinyl plank floors, stainless steel appliances, granite countertops, tile backing and nine-foot ceilings in the first walk. Community amenities include a dog park, playground and a walking path.
The remaining residences will be acquired in phases from the construction company over the next 15 months. The project is expected to be fully stabilized by June 2022. Haven is acquiring the houses while the phases are being completed. The first phase is almost 100% occupied.
CenterSquare Investment Management is a global investment manager based outside of Philadelphia. Haven Realty Capital is a property management and investment company based in Los Angeles.