Cross Hill Apartments

Investment Highlights

Cross Hill Apartments is a 184 -unit multifamily apartment community in Columbia, South Carolina. Located near major employers and a military base, the community features one, two and three bedroom apartments.  Mature landscaping creates a neighborhood feel within minutes of upscale retail and easy access to major transportation routes.  Cross Hill Apartments is the result of combining two previously separate apartment communities directly across a small street from one another: Bloomwood Apartments (72 units) and Hampton Park Apartments (112 units). Bloomwood Apartments was acquired in early 2018, followed by the acquisition of Hampton Park Apartments in 2019.  The combined purchase was $6.25 million ($34,000/door). Cross Hill is located in an affluent, rapidly gentrifying area of Columbia. It is a block away from a Whole Foods, Ulta Beauty and many quality retailers at the intersection of Devine Street and Cross Hill Road.