SOLDMultiFamily
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
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.
Players
Little River MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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