Download Offering Materials: Hampton Greene & Hampton Crest
Capstone Apartment Partners is pleased to present Hampton Greene & Hampton Crest, a 136-unit LIHTC garden-style apartment complex located in Anderson, South Carolina. Comprised of two connected properties, Hampton Greene (72 units) & Hampton Crest (64 units), represents a rare opportunity to acquire an affordable property with 100+ units in South Carolina, allowing for greater economies of scale and a significant footprint in the affordable asset market in Anderson. Placed into service in 2011, both properties were developed with funds from the 1602 Tax Credit Exchange Program. Participation in this program ensures investors will be acquiring a high-quality asset that meets the strenuous criteria to be eligible for the development funds. Hampton Greene & Crest feature spacious one-, two-, and three-bedroom floorplans with quality interior finishes and numerous amenities throughout the properties. Additionally, the properties are ideally located just outside of downtown Anderson near the area’s significant economic demand drivers.
Investment Highlights
NOI Upside with Contract Rent Increases in Line with Max Allowable Net Rents
Rare, Fully Amenitized Affordable Asset
Exceptional Construction Quality from Greenway Residential Development
