Southern Visions Real Estate brokers land sales for Final Phase of Lexington’s Sterling Bridge
Lexington, SC - Southern Visions Real Estate broker Robby Wilkins and sales associate Gregory Wilkins recently closed the sale of +/- 55.87 acres off Old Chapin Road in Lexington. The land was purchased for $1,060,820 and will be the final phase of the Sterling Bridge community by Mungo Homes. Southern Visions represented the sellers, The Bickley family, in the transaction.
Mungo Homes was acquired earlier this month by Clayton Properties Group of Tennessee. Mungo Homes, which built extensively throughout the greater Irmo area, will join the Berkshire Hathaway-owned Clayton Properties Group to become one of the nation's top 20 single-family home builders, according to Builder Magazine.
According to a news release, "in 2012, Mungo Homes was named America’s Best Builder by Builder magazine, which is based on overall excellence in home building and is determined by finance and operations, design and construction, customer service and quality, community and industry service and marketing. That same year, the National Association of Home Builders honored Mungo as the National Green Advocate of the Year for hauSmart, Mungo’s exclusive energy-efficiency program. The company was also recognized as the winner of the 2008 National Housing Quality Award and is the only South Carolina-based builder ever honored with this prestigious award."
"Mungo sold nearly 1,800 homes in 2017. The company is ranked No. 33 on the 2018 Builder Magazine’s Builder 100 list and is projected to close on approximately 1,900 homes in 2018," the release said.
In addition the news release stated, "Mungo is the eighth acquisition for Clayton Properties Group, and the third this year. Clayton's market footprint now reaches Alabama, Colorado, Georgia, Kansas, Missouri, Tennessee, Texas, Utah, Indiana, South Carolina, and North Carolina. Clayton Properties Group is ranked No. 29 on the 2018 Builder Magazine's Builder 100 list, and with the addition of Mungo, is on pace to build over 4,200 homes by the end of 2018."