Updated Oct 28, 2024
Regina Lubin Acquires Multifamily Property In Little River, SC For $48.5M
119 River Village Drive, Little River, South Carolina 29566, United States
$48,500,000
Units
190
Asset Type
MultiFamily
Closing
Dec 15, 2021
About this deal
AI
A multifamily property located at 119 River Village Drive in Little River, SC has been sold. The property consists of 190 units and was sold for a price of $48,500,000, with a per unit price of $255,263.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $48,500,000
- Units: 190
- Price Per Unit: $255,263
The buyer of the property is Regina Lubin, who represents CWCapital Asset Management.
The multifamily sale at 119 River Village Drive, Little River, South Carolina 29566, United States in Little River, South Carolina sold for $48.5M in 2021. Reported inventory is 190 units across 190 units. This page is the Little River, South Carolina file for the 119 River Village Drive, Little River, South Carolina 29566, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Little River sit in the Market section below. Filter that Little River multifamily set by closing date to see what else sold near 119 River Village Drive, Little River, South Carolina 29566, United States around 2021. Published consideration for 119 River Village Drive, Little River, South Carolina 29566, United States is $48.5M, dated 2021. Cite this Regina Lubin Acquires Multifamily Property In Little River, SC For $48.5M sale when underwriting similar multifamily product around Little River, South Carolina.
Players
Little River MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.33%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93