by Jenn LoConte
DLP Capital Partners is excited to announce our most recent acquisition into DLP Equity Fund II – The Views on Longcreek Apartments, located in bustling Columbia, SC.
The Views offers an affordable apartment community, consisting of 419 units. There are twenty-three 2 and 3-story apartment buildings and two clubhouses on 37.94 acres of land. The community offers many amenities including: three pools, two playgrounds, fitness center, and a dog park. The property is adjacent to Interstate 20 and is also located close to downtown Columbia, Riverbanks Zoo, Edventure, William-Brice Stadium, and The University of South Carolina. Rents are under current market averages by 10 to 20%, allowing for room to aggressively increase rents.
Harlan Krichman, President of DLP Property Management commented, “Views at Long Creek offers DLP and its investors a great opportunity to provide both exemplary customer service and a clean environment, something that residents were not experiencing under prior ownership. Through our capital investment, we will correct numerous deferred maintenance issues as well as improve, or in some cases create user-friendly and property-rich features. By offering modern features for all of our residents to enjoy and apartments with modern finishes coupled with a strict resident screening policy and a property management team that is focused on resident satisfaction, The Views at Long Creek will quickly become a place that both current residents and future residents will want to call HOME.”
To learn more about DLP Equity Fund II, visit dlpcapitalpartners.com/dlp-equity-fund-ii-llc/