Companion at the Palms offers investors the opportunity to acquire a truly unique garden-style multifamily asset in
the booming Northeast section of South Carolina’s capital, Columbia. Constructed in 2008 by Blue Ridge Companies, this 2 owner 240-unit
complex offers an ideal mix of one, two, and three-bedroom floor plans all still with their original finishes. The units average 1,062 sf providing some of the largest floorplans in the surrounding comparable properties. The property has a superior location in the Wildewood submarket, one of Columbia’s most sought-after neighborhoods and is best known for housing several golf courses and the Sesquicentennial State Park, which offers kayaking, trails, and a dog park. With an award-winning school district and plenty of restaurants and stores nearby, the area boasts strong demographics, most notably an average area median income of over $100,000. Residents have access to U.S. Route 1 and Interstate 20 and 77 so they can travel throughout the metro area with ease. The property is also near the Sandhill Research and Education Center, a great option for employees who want to be close to campus. The high-quality design, affluent submarket with many employers nearby, and opportunity to renovate the original interiors to a finish level on par with new construction, all combine to offer a unique opportunity sure to achieve outsized returns for new ownership.