Antioch apartment complex sells for $73.4M : vimarsana.com

Antioch apartment complex sells for $73.4M


S.C. developer undertaking tower projects in Gulch, Midtown now owns 450-unit Avana Overlook
A garden-style apartment complex located near Antioch has sold for $73.4 million, with the South Carolina buyer continuing to strongly place its stamp on the local market.
According to a Davidson County Register of Deeds document, Greystar Real Estate Partners now owns Avana Overlook, located at
727 Bell Road. Irvine, California-based Passco Companies was the seller, having acquired the Southeast Davidson County apartment complex in April 2016 for about $52.8 million, according to Metro records.
Opened in 1998, The Overlook offers multiple three-story buildings with a collective approximately 450 units. As such, the deal is the equivalent of about $163,100 per residence. The

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