SIOUX FALLS, SD – Metonic Real Estate Solutions is excited to announce the acquisition of West Briar Commons, a 152-apartment home community in Sioux Falls, SD. This will be the first South Dakota property in Metonic’s portfolio.
“We believe West Briar Commons is an ideal addition to Metonic’s growing portfolio,” said Josh White, Metonic’s VP of Investor Relations. “The multifamily community is located along the West 41st corridor in Sioux Falls, benefiting from excellent metro connectivity, high traffic exposures, and localized investment.” Metonic looks forward to bringing an enhanced style of living to Sioux Falls to reflect the best possible resident experience.
West Briar Commons was built in 2008 and boasts private-entry townhomes. At the time of the sale, the property was fully occupied. “We look forward to adding South Dakota to our portfolio of properties,” said Bob Dean, Metonic’s CEO. “It’s a tax-friendly state with great demographics and is easily accessible from Omaha.”
About Metonic Real Estate Solutions
Metonic Real Estate Solutions offers a service unique to the Midwest. They are a real estate investment company dedicated to discovering value in markets that may have been overlooked by others. The Metonic team of experts identify, negotiate and purchase real estate. They handle all aspects of the investment and execute strategic plans throughout the lifecycle of each asset to produce the highest returns.###