HOT PROPERTIES: Hemingway Apartments in Conway sell for $4.1M

Marcus & Millichap handled the sale of Hemingway Apartments, a 30-unit apartment community in Conway. The property sold for $4.1 million.

“We have now sold this property twice in two years, highlighting continued investor demand for newer construction multifamily assets in the Conway market,” said Ryan Lipomi, senior director investments, who led the transaction.

Lipomi, William Graves and Carson Ford of Marcus & Millichap represented the private seller and procured the buyer.

Built in 2022, the property features exclusively two-bedroom, one-bathroom units averaging approximately 550 square feet. The community was fully occupied at the time of sale.

Located at 1204 Hemingway Chapel Road, the property is near Coastal Carolina University and Horry-Georgetown Technical College and is approximately 17 miles from Myrtle Beach.

Hot Properties is a weekly roundup of commercial real estate transactions across the Palmetto State. Submit your commercial real estate transactions for our Hot Properties report through our online forms in the Lowcountry, the Midlands or the Upstate. Contact Ross Norton at [email protected] for more information.

Recent commercial real estate transactions include:

Vitré Ravenel Stephens of Harbor Commercial Partners represented the seller, Deerwood Investments LLC, in the sale of 1,500 square feet of retail space at 440 Coleman Blvd. in Mount Pleasant to Deerwood Investments LLC for $1,375,000.

Coleman Davis of Cypress Commercial & Investment Real Estate represented the buyer, Sushilkrjshna Enterprises LLC, in the sale of 40,975 square feet of retail space at 2524-2530 Main St. in Elgin from KJ Investment Co LLC for $3.2 million. Rex Pollard of Colliers represented the seller.

Avison Young’s Tyler Smith represented 928 Molly Pond LLC in the leasing of 44,000 square feet of industrial space located at 930 Molly Pond Road in Augusta to Woodford Plywood Inc.

Midlands

Avison Young’s Chris Prince, Ned Reynolds and Will Hannah represented ABS Kids LLC in the leasing of 2,965 square feet of office space at 200 Springtree Drive in Columbia from Springtree Investments LLC. Will Dupree of NAI Columbia represented the Landlord.

Ryan McCue of Colliers South Carolina represented the purchaser in the acquisition of 89.12 acres of land at 443 Two Notch Road in Lexington.

Bobby Balboni, Patrick Palmer and Sam Edens with NAI Columbia represented the owner in leasing 1,764 square feet of retail space in Tillman’s Plaza just off Two Notch Road in Northeast Columbia.

Patrick Chambers and Ben Kelly of NAI Columbia represented the owner in a 63,300-square-foot lease at Victory Village shopping center located at 2568 Augusta Highway in western Lexington County.

Braden Shockley, Roger Winn and Will McGregor of Trinity Partners represented the landlord in the leasing of 7,000 square feet of industrial space at 5317 Bush River Road, Columbia.

Robbie Cook and William Mills of Trinity Partners represented the landlord in the leasing 23,496 square feet of retail/office space at 1644 Main St., Columbia.

Roger Winn, Braden Shockley and Will McGregor of Trinity Partners represented the landlord in the leasing of a 29,156-square-foot office space at 101 Business Park Blvd. in Columbia.

John Coleman of Trinity Partners represented the landlord in the leasing of a 5,000-square-foot industrial space at 2929 Truman St. in Columbia.

Nick Stomski, Jake Nidiffer and Ryan Causey of Trinity Partners represented the landlord in the leasing of a 2,400-square-foot industrial space at 2044 Industrial Blvd. in Lexington.

Upstate

Avison Young’s Ned Reynolds, Chris Prince and Will Hannah represented CF Evans Construction Co. LLC in the leasing of 5,500 square feet of office space at 701 Easley Bridge Road in Greenville from Judson Mill Ventures IV LLC.

Scott Burgess, Lance Byars and Josh Seibert of Colliers South Carolina represented PEG Properties in the lease of 1,560 square feet of retail space at 810 East Main St. in Laurens to Hospice Care of South Carolina LLC.

Macy Scoggins of Colliers South Carolina represented Express Staffing in the leasing of 1,250 square feet of retail space at 3223 North Pleasantburg Drive in Greenville.

Bobby Lyons and Luke Lyons of Lyons Industrial Properties represented the tenant, Rudolph Logistics North America Inc., in leasing an additional 84,000 square feet in an expansion at their current location for seven years at 1061 Duncan Reidville Road in Duncan.

John Ruff of McCoy Wright represented the seller Elizabeth J Divver in the sale of 51.45 acres of land at Michelin Boulevards in Anderson.

John Stathakis, Scott Jones and Chrestman Rainey of NAI Earle Furman represented the landlord in leasing 2,880 square feet of office space in Suite F at 103 Clair Drive in Piedmont to Atreus Management Services LLC.

Jimmy Wright and Jake Scott of NAI Earle Furman represented the landlord in a lease renewal of a 4,632-square-foot medical office located at 977 Tiger Blvd. in Clemson to Gentiva Health Services.

Grice Hunt, Clay Williams and Will Coker of NAI Earle Furman represented the landlord in leasing an 8,100-square-foot industrial space located at 1434 Donaldson Road in Greenville.

Grice Hunt, Clay Williams and Will Coker of NAI Earle Furman represented the landlord in leasing 168,657 square feet of industrial space at 111 Southchase Blvd. in Fountain Inn.

Grice Hunt, Clay Williams and Will Coker of NAI Earle Furman represented the landlord in leasing 141,053 square feet of industrial space located at 120 Sam McGee Road in Anderson.

David Sigmon, Matt Vanvick, Tom McMeekin and Lee Anne Scales of Pintail represented the seller, Metropolitan Sewer Subdistrict LLC, in the sale of a 10,642-square-foot office building located at 120 Augusta Arbor Way in Greenville to the buyer, Gracely Investments.

Robert Satcher Jr. of Pintail represented the seller, Mu Lan Li, in the sale of a 5,144-square-foot restaurant located at 1053 Tiger Blvd. in Clemson to the buyer, KPRS Properties LLC.

Josh Tew, Monty Todd and Anna Spiers of Pintail represented seller Welpine Partners LLC in the sale of a 4,000-square-foot warehouse located at 117 Welpine Road in Pendleton to the buyer, Bold Buzz LLC.

Kocch Testing Centers of America leased a 1,600-square-foot office space at 353-A E. Blackstock Road in Spartanburg from Caman Group Inc. Robbie Romeiser, Guy Harris Sr. and Guy Harris Jr. of Spencer Hines represented the landlord.

Mohammed Namar leased a 6,000-square-foot retail space at 1635 Asheville Highway in Spartanburg from Spencer Commercial Properties. Guy Harris Sr., Guy Harris Jr. and Jonathan Harris of Spencer Commercial Properties represented the tenant.