Greenville, SC – December 9, 2024 – Alan Stalcup and GVA Real Estate Group are proud to announce the successful sale of Caledon Apartments, a 350-unit multifamily community located in Greenville, South Carolina. This transaction marks another milestone in GVA’s commitment to delivering value for investors and enhancing communities for residents.
The sale of Caledon Apartments closed on December 9, 2024, with Cushman & Wakefield’s Carolinas Team facilitating the transaction. The buyer, Prospect Lane & Machine Investment Group, identified the exceptional value and opportunity in this thriving Greenville property.
Built in 1996, Caledon Apartments features spacious units, resort-style amenities, and a highly sought-after location in one of South Carolina’s fastest-growing markets.
“We are proud of our team’s efforts to enhance Caledon Apartments and position it for long-term success,” said Alan Stalcup, Principal of GVA Real Estate Group. “This transaction reflects our strategy of optimizing multifamily assets to meet market demands while delivering exceptional returns for stakeholders.”
The Cushman & Wakefield team, led by John Phoenix, Richard Gore, and Pat O’Brien, played a key role in ensuring a seamless and efficient process.
For more information on this transaction and to learn more about Alan Stalcup’s work and GVA Real Estate Group, please visit gvamgt.com.
Media Contact:
GVA Real Estate Group
Phone: (512) 948-7302
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