The Vue at St. Andrews Update 12/20/22

Crest City Capital Exits Columbia Multifamily with $5M+ Yield

Just 19 months after acquiring The Vue at St. Andrews in Columbia, South Carolina for $12,550,000, Crest City Capital has now sold the asset for $17,800,000. The firm was able to execute their value add business plan and exit the property in a shorter timeframe than initially forecast. The 132-unit townhome & garden-style apartment complex offers spacious 1, 2, and 3-bedroom units along with a swimming pool, gym, and playground.

The Crest City team told BLDUP, “We are pleased to have another Multifamily Syndication project. We are grateful to all of our partners that joined us in the expansion of our portfolio and we continue to stay focused on this strategy and asset class in 2023 and beyond."

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