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KBS Apartment REIT Bets on Greenville

CHARLOTTE, NC—Find out why KBS is pursued a class A deal in the Greensville region.

By Jennifer LeClaire | Updated on June 11, 2013

CHARLOTTE, NC—KBS Legacy Partners Apartment REIT has acquired the Millennium Apartment Homes, a 305-unit multifamily community in Greenville, SC. The sale price was $33.6 million.

Built in 2009, the class A multifamily development includes a clubhouse and 76 garages. The community spans 36 two-story buildings on 33 square acres. The buildings are 93% occupied. With the latest acquisition, the KBS portfolio totals 2,599 multifamily units in Maryland, Minnesota, Texas, North and South Carolina, and Illinois.

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