{"id":1004120811,"date":"2015-06-03T06:24:42","date_gmt":"2015-06-03T14:24:42","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=352398"},"modified":"2020-04-29T08:32:45","modified_gmt":"2020-04-29T16:32:45","slug":"atlantans-exchange-socar-apartment-community","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/atlantans-exchange-socar-apartment-community\/","title":{"rendered":"Atlantans Exchange SoCar Apartment Community"},"content":{"rendered":"

By Eliza Theiss, Associate Editor<\/em><\/p>\n

\"\"<\/a><\/p>\n

Legacy at Sandhill<\/p>\n<\/div>\n

Atlanta-based Wilkinson Group is growing in South Carolina, having purchased its fifth property in the Palmetto State. The 240-unit Legacy at Sandhill, located in the Pontiac-Elgin submarket is Wilkinson\u2019s second metro Columbia asset. The company also owns the 260-unit Paces Run apartment community in Columbia\u2019s Dentsville submarket, which was acquired less than a year ago for $12,19 million from CAPREIT, according to Yardi Matrix<\/a> data.<\/p>\n

The Class A Legacy at Sandhill was purchased for $22.9 million from Mesa Capital Partners of Atlanta, GA. The seller held the property for close to three years, selling it at a per-unit profit of $18,334. Mesa originally purchased Legacy for $18.5 million from Horizon Housing Partners. Colliers Southeast Multifamily Advisory Group\u2019s Will Mathews, Ron Cameron, and Woody Moore represented Mesa Capital Partners in the sale. Wilkinson Real Estate Advisors will manage the property.<\/p>\n

The property benefits from major street exposure. It is located on Two Notch Road\/US 1, and proximity to high-end retail, and key area employers such as Bluechoice Heralthplan and Companion Property & Casualty. Legacy at Sandhill layouts one-, two- and three-bedroom units with an average size of 1,043 square feet. Average rents clock in at $961.<\/p>\n

 <\/p>\n

Image credits: Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Atlanta-based Wilkinson Group is expanding it South Carolina holdings, having purchased its fifth property in the Palmetto State.<\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1582,21742],"tags":[1815],"class_list":["post-1004120811","post","type-post","status-publish","format-standard","hentry","category-charlotte","category-latest","tag-national"],"acf":[],"yoast_head":"\nAtlantans Exchange SoCar Apartment Community - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/atlantans-exchange-socar-apartment-community\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Atlantans Exchange SoCar Apartment Community\" \/>\n<meta property=\"og:description\" content=\"Atlanta-based Wilkinson Group is expanding it South Carolina holdings, having purchased its fifth property in the Palmetto State.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/atlantans-exchange-socar-apartment-community\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-06-03T14:24:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-29T16:32:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/06\/Legacy-at-Sandhill.jpg\" \/>\n<meta name=\"author\" content=\"Eliza Theiss\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/atlantans-exchange-socar-apartment-community\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/atlantans-exchange-socar-apartment-community\\\/\"},\"author\":{\"name\":\"Eliza Theiss\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/de1353a5de72f96494054df3ecca7de4\"},\"headline\":\"Atlantans Exchange SoCar Apartment Community\",\"datePublished\":\"2015-06-03T14:24:42+00:00\",\"dateModified\":\"2020-04-29T16:32:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/atlantans-exchange-socar-apartment-community\\\/\"},\"wordCount\":210,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/atlantans-exchange-socar-apartment-community\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/06\\\/Legacy-at-Sandhill.jpg\",\"keywords\":[\"National\"],\"articleSection\":[\"Charlotte\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/atlantans-exchange-socar-apartment-community\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/atlantans-exchange-socar-apartment-community\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/atlantans-exchange-socar-apartment-community\\\/\",\"name\":\"Atlantans Exchange SoCar Apartment Community - 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