Brooks Owings, a senior associate and multifamily specialist at Wilson Kibler, recently represented a Charlotte-based investment group in the $2.1 million acquisition of Hampton House on the University of South Carolina campus. The asset, a 32-bedroom student housing facility located at 1800 Senate St., was purchased in an off-market deal. According to Wilson Kibler, the new owners plan to renovate the apartments and upgrade the common areas.
“The Hampton House provides an irreplaceable location within short walking distance to classes, dining, and shopping,” said Owings. “Even with the economic impact of COVID-19, there is a healthy demand for housing close to campus. This property provides all larger one-bedroom units that are traditionally popular and will remain highly desirable for tenants throughout any sustained physical distancing season. These are a few of the factors that motivated our client to quickly deliver an off-market offer.”
Owings, who has been with Wilson Kibler since 2017, focuses primarily on multifamily and student housing investments.
About Wilson Kibler
Wilson Kibler is a full-service commercial real estate company with offices in Columbia, Charleston, and Greenville. Wilson Kibler provides a broad range of commercial real estate services throughout the state, including tenant and buyer representation, leasing, acquisition and disposition, property management, development, and consultation. Each of these services is staffed by highly regarded professionals focused on providing value for clients throughout all phases of an assignment. Wilson Kibler is an Accredited Management Organization and its professionals hold prestigious designations including CCIM, CPM, LEED GA, and SIOR. For more information visit www.wilsonkibler.com.