The Granite at Taylors – REALIZED INVESTMENT
Taylors (Greenville), South Carolina
Class B, value-add
Acquired: 2012 | Sold: 2015
IRR: 25.74%
Property is located just north of Greenville on 49 acres with hiking trails and shady picnic areas. A large apartment community, The Granite at Taylors offers a variety of floorplans, some including a wood-burning fireplace.
Greenville enjoys a reputation as one of the best places to live in the U.S. Its downtown supports a strong arts district with boutique retail shops and vibrant restaurant.
Lloyd Jones purchased the property in 2012, repositioned it, and sold it in 2015. Realized IRR was 25.74%.
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