The Ridge is a 75-unit multifamily community located on the east side of Gastonia, North Carolina. It’s a beautifully kept two-story garden style community with easy access to downtown and the surrounding retail and Eastridge mall.
It was acquired in July 2019 and sold on September 2021.
Sapphire Partners Group LLC (“Sapphire”) is an owner and operator of commercial real estate across the United States.
No Offer of Securities – Disclosure of Interests
Under no circumstances should any material at this site be used or considered as an offer to sell or a solicitation of any offer to buy an interest in any investment. Any such offer or solicitation will be made only by means of the Confidential Private Offering Memorandum relating to the particular investment. Access to information about the investments are limited to investors who either qualify as accredited investors within the meaning of the Securities Act of 1933, as amended, or those investors who generally are sophisticated in financial matters, such that they are capable of evaluating the merits and risks of prospective investments.
No Investment Advice – Disclosure of Information
Any analysis, underwriting, or valuation of any type (“Work Product”) done by Sapphire is understood to be exclusively opinion-based and not to be taken as formal investment advice. Any person or entity that is party to a work product of Sapphire is believed to be a sophisticated individual or group capable of evaluating the risks of prospective investments themselves.
With our latest acquisition of Pheasant Run in early July 2024, we’re pleased to report a first goal post for the Sapphire team – over 1000 units owned and operated since inception! We’re proud of the team and thankful to
As consultants and owners of predominantly multifamily properties throughout the U.S., we have had many conversations about the state of the asset class throughout the pandemic, from wildly swinging cap rates to mass tenant migration, but no topic has been
