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Graycliff Capital Development, LLC Announces Multi-Family Development in Beaufort, SC

Greenville, SC., July 30th, 2019- Graycliff Capital Development, LLC (“Graycliff”), a South Carolina-based real estate investment and development firm, announces the groundbreaking of Waterleaf at Battery Creek Apartments (“Waterleaf”). Waterleaf is a 212-unit, Class A multi-family rental community located at 669 Parris Island Gateway, a close 7.0-mile distance to historic downtown Beaufort, SC. Waterleaf is currently pre-leasing apartment homes, with an anticipated grand opening in Spring 2020.

“Graycliff is excited to be entering the vibrant cities of Beaufort and Port Royal,” said Paul Aiesi, Principal for Graycliff. “The high-quality-of-life in this coastal community compelled us to develop in the area. Strong population growth and a stable employment base, creates a healthy demand for market-rate rental housing with best-in-class amenities for residents.” The development was designed and curated with its coastal location in mind. The property boasts waterfront views of Battery Creek and a community crabbing dock, unmatched by competitor apartment communities in the market.

Waterleaf features one, two, and three-bedroom units ranging from 737 square foot one bedrooms, 1,085 to 1,100 square foot two bedrooms, and 1,263 square foot three bedrooms. Within each unit, residents will find high quality finishes, including:

  • 9’ ceilings
  • Energy-Star, Stainless-Steel Appliances
  • Large, custom white kitchen cabinetry
  • Granite countertops
  • Private balconies with screened porches and overhead fans
  • In-home Washer & Dryer
  • Attractive Wood-Style Flooring

Community amenities are a major focus of the project. The project aims to provide amenities to residents not found in other communities in the area. The community amenities include:

  • Clubhouse with views of Battery Creek
  • Saltwater swimming pool with tanning shelves and in-water loungers
  • Community crabbing and amenity dock
  • 24-hour fitness center including yoga & cycling room
  • Dog Spa with dog wash station and Dog Park
  • Parcel Pending© package concierge locker system
  • Poolside cabana with outdoor fireplace and TV’s

Seth Peterson, Director of Development for Graycliff, also added, “Being an involved neighbor is a core focus of Graycliff. We look forward to supporting local, non-profit organizations making a positive impact within the community.”

About Graycliff Capital Partners, LLC:

“Graycliff is a multi-family development and investment company focusing within the southeastern and mid-Atlantic United States. Since 2010, Graycliff has acquired and developed more than 8,600 apartment units, executing approximately $1.30 billion in transactions. Graycliff’s core strategy is based on investing in areas with established economic growth and high barriers to entry. Graycliff is passionate about supporting local non-profits making positive impacts in their respective communities.

Related links: Graycliff Capital Partners

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