December 4, 2023
LANCASTER – A Miami-based company has acquired a 28.8-acre garden-style community at 1000 River Bend Dr. near Lancaster Plaza and Blue Grove Plaza.
The 471-unit Riverbend Apartments has 43 one- to two-story buildings. Floor plans range from 695 sf to 1,085 sf with one- to two-bedrooms.
The community has a playground, three swimming pools, and 800 parking spaces.
Trion Properties purchased the development from Ambo Properties with a $40 million acquisition loan from First-Citizens Bank & Trust Co.