Our Portfolio



Tapestry at Hollingsworth Park

Units: 242
Year built: 2013
Location: Greenville, SC
Acquired: August 2021
Total Capitalization: $54.2M
1031 exchanges: 6
Equity invested: $25.3M
CapEx budget: $1.2M

In the News

The Breakout Cities on the Forefront of America’s Economic Recovery - The Wall Street Journal, May 2021
"Rising stars such as Greenville, S.C. built out vibrant economies even before the pandemic; now, they are drawing new workers and businesses."

How Greenville Became America’s Coolest New Weekend CityThrillest, May 2021

Investment Highlights

The Southeastern U.S. has been the primary target for IMG’s acquisitions over the last decade due to the Sun Belt’s desirable lifestyle qualities, steady economic and population growth and attractive asset pricing. The Tapestry at Hollingsworth Park acquisition presented a unique opportunity for IMG to enter the Greenville, South Carolina market as it continues rising through the national ranks of Best Small Cities in the U.S. and sits “just on the cusp of stardom.”

The 2013-built asset features a two-story ‘Big House’ private-entry design with the largest floor plans in the submarket competitive set at 1,105 SF and 56 direct access garages. The expansive 17-acre site offers residents low density living of 14 units per acre.

Tapestry at Hollingsworth Park is embedded within Verdae, the largest master planned development in Greenville's history. The one-mile radius surrounding the property serves as one of the Greenville-Anderson-Mauldin MSAs most elite neighborhoods featuring a coveted demographic profile that experienced above-average population growth over the last decade (9.7% annual growth from 2010-2020).

Residents can efficiently reach Greenville's vibrant downtown core and Interstate 85 in minutes via Woodruff Road. Travel times to Charlotte and Atlanta are 1.5 and 2.5 hours, respectively.