Greene Crossing – Univ. of South Carolina
Total Cost
$46,959,000 (initial budget at $43.98)
2nd year NOI
$3,850,000 (using stabilized expenses)
Cash on cash
7.46% budgeted / 8.20% actual
Sale Price
$68,000,000 (5.66% cap rate/6.11% w/ abatement)
Buyer / Date:
TIAA-CREF / Fall 2016
