NAI Earle Furman Brokers $6.4 Million Sale of Wildewood Apartment Complex

April 22, 2012

GREENVILLE, SC – April 20, 2012 – A 369 unit apartment complex in Spartanburg, South Carolina has been acquired by Florida based, Bowman Investments for $6,400,000.  Tony Bonitati, John Gray, CCIM and Kay Hill of the NAI Earle Furman Multifamily Division represented the seller in the transaction. The Wildewood Apartment complex is positioned on 31 acres and consists of 23 buildings. The purchaser plans a $1,000,000 renovation to the property including rebranding to become the Woodland Park Apartments. 

The transaction was completed on April 20, 2012.

The NAI Earle Furman Multifamily Division provides a broad array of specialized services to multifamily/apartment property owners, developers & investors locally and around the state.  


 

Tony Bonitati, John Gray, CCIM and Kay Hill

About NAI Earle Furman:
Based in Upstate South Carolina, NAI Earle Furman, LLC is a leading full-service commercial real estate firm specializing in the office, industrial, land, multifamily, investment and retail sectors.  They offer a wide range of services including sales, leasing, development, site selection, consulting and property management.  A partnership with NAI Global allows NAI Earle Furman, LLC to access a network of worldwide real estate connections and offer international commercial real estate services to Upstate clients, while retaining local personality and knowledge. 

For more information visit www.naiearlefurman.com