NAI Earle Furman Closes Sale of 92-Unit Springbrook Apartments
May 20, 2015
ANDERSON, SC – Tony Bonitati, Kay Hill and Bern DuPree of NAI Earle Furman’s Multifamily Division represented the seller, Upstate Property Rentals, LLC in the sale of Springbrook Apartments, a 92-unit complex located at 104 Springbrook Court, Anderson, SC 29621. The multifamily property sold for $2,825,000. The purchaser was Richmond Manor Apartments, Inc.
The sale of Springbrook Apartments represents the fifth property that the NAI Earle Furman Multifamily Division has sold for Upstate Property Rentals, LLC.
“We are pleased to have assisted our client in the sale of more than 300 units in the Upstate this past year, including Springbrook Apartments. This seller’s formula for stabilizing and rehabilitating apartment communities, combined with our national marketing platform, has helped our client achieve maximum returns,” said Tony Bonitati, multifamily broker at NAI Earle Furman.
About NAI Earle Furman
Based in Upstate South Carolina, NAI Earle Furman is a leading full-service commercial real estate firm specializing in the office, industrial, investment, retail, multifamily, healthcare and land 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 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.
