Updated Oct 28, 2024
Aulder Capital Acquires Multifamily Property In Myrtle Beach & Conway, SC From Eskay Management
902 67th Avenue North, Myrtle Beach, South Carolina 29572, United States
$27,600,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 15, 2022
About this deal
AI
The multifamily property located at 902 67th Ave N & 555 Wild Wing Blvd in Myrtle Beach & Conway, SC has been sold for a total of $27,600,000. The sale was completed on 08/16/2022.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $27,600,000
- Buyer: Aulder Capital
- Seller: Eskay Management
- Brokers: Mark Boyce & Blake Coffey - Berkadia
Aulder Capital has acquired the property from Eskay Management with the assistance of Mark Boyce & Blake Coffey from Berkadia.
The multifamily sale at 902 67th Avenue North, Myrtle Beach, South Carolina 29572, United States in Myrtle Beach, South Carolina sold for $27.6M in 2022. 902 67th Avenue North, Myrtle Beach, South Carolina 29572, United States is classified as Multifamily on Traded. Mark Boyce, Blake Coffey, Berkadia appear on the sale alongside Berkadia. This page is the Myrtle Beach, South Carolina file for the 902 67th Avenue North, Myrtle Beach, South Carolina 29572, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Myrtle Beach sit in the Market section below. Filter that Myrtle Beach multifamily set by closing date to see what else sold near 902 67th Avenue North, Myrtle Beach, South Carolina 29572, United States around 2022. Published consideration for 902 67th Avenue North, Myrtle Beach, South Carolina 29572, United States is $27.6M, dated 2022. Cite this Aulder Capital Acquires Multifamily Property In Myrtle Beach & Conway, SC From Eskay Management sale when underwriting similar multifamily product around Myrtle Beach, South Carolina.
Players
Myrtle Beach 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
0.57%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93