Marcus & Millichap Sells Mercy Circle Apartments In Hardeeville, SC For $3.15M

Marcus & Millichap has completed the sale of Mercy Circle Apartments, a 42-unit multifamily community in Hardeeville, South Carolina. The property, located at 118 Garr Lane, was sold for a total price of $3.15 million, with each unit averaging at $75,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,150,000
• Units: 42
• Price Per Unit: $75,000

William Graves, Ryan Lipomi, and Nate McDaniel from Marcus & Millichap served as the brokers representing both the buyer and seller in this transaction. They successfully facilitated the sale of the multifamily community, achieving an average price of $75,000 per unit.