We are pleased to share our latest investment opportunity, a 262-unit apartment development on Hilton Head Island, SC! We are excited about this project for a number of reasons including: > Hilton Head is one of the highest barrier to entry markets in the Southeast, as only 500 multifamily units have been developed on the island over the last 20 years. The local muncipality has also acquired over 2,000 acres for preservation during that time frame, thereby reducing the amount of land available for new development. > This will be the only Class A multifamily development on the island with direct beach access as well as townhome-style units, which will really set the community apart. > Hilton Head has an affluent residential population with high average household incomes and home values. If you are interested in learning more about this exciting opportunity, please send us a message!
Southeast Apartment Investors
Investment Management
Charlotte, NC 169 followers
A private investment firm focused on the acquisition and development of residential properties in the Southeastern U.S.
About us
We partner with other reputable firms in the industry to source proprietary and unique investment opportunities. SAI sources capital from a diverse base of high net worth and family office investors, and has invested in over $250 million of residential assets since its founding in 2011.
- Website
-
http://www.seapartmentinvestors.com
External link for Southeast Apartment Investors
- Industry
- Investment Management
- Company size
- 2-10 employees
- Headquarters
- Charlotte, NC
- Type
- Partnership
- Founded
- 2011
Locations
-
Primary
Get directions
2820 Selwyn Avenue
420
Charlotte, NC 28209, US
Employees at Southeast Apartment Investors
Updates
-
We love to see Harkins Builders, Inc. feature Alitutude, our 118-unit community in Raleigh. We also love that the property is nearing stabilization at over 80% leased, despite facing a tough leasing environment with a lot of new supply. We are excited to own this property for the long term and benefit from south Raleigh’s growing momentum in the years ahead.
Shortly after opening our new office in Raleigh-Durham last fall, Harkins celebrated the grand opening of our very first project in the Triangle region, Altitude. Located just minutes from downtown Raleigh, Altitude is a 118-unit market rate community featuring studio, one-, and two-bedroom apartments. The community features a multitude of amenities, including a resident clubhouse and lounge, poolside sundeck, fitness center, and yoga studio. Harkins looks forward to further solidifying our footprint in the Raleigh-Durham market, with new projects on the horizon. Stay tuned for updates about Harkins' growth in the Triangle region! Selwyn Property Group | JDAVIS | CPI Productions #buildingexceptional
-
-
Southeast Apartment Investors reposted this
According to RealPage, North and South Carolina represented the strongest multifamily market in the country in 2023 from an absorption perspective, as the region accounted for over 10% of units absorbed nationwide despite having just 4% of the country's inventory. Southeast Apartment Investors is fortunate to operate in a region with strong demand fundamentals, and will continue to invest in NC and SC opportunities that are attractive on a risk-adjusted basis. Link to article below:
-
We are pleased to share our latest investment opportunity, City Block, a 112-unit multifamily community located in downtown Wilmington, NC. We are excited about this deal for a number of reasons: > We are assuming a 2.18% fixed-rate loan with over 30 years of term remaining > Our basis of $191k per unit is well below replacement cost > Wilmington, NC is one of the fastest-growing cities in the country driven by its strong job growth, coastal location, and affordable cost of living To learn more, please comment on this post and we will be happy to share additional detail.
-