Marcus & Millichap Arranges Sale Of 130-Unit Multifamily Community In Hanahan For Cash Offer
6000 Mabeline Road
Building Size
156,100 SF
Asset Type
MultiFamily
Closing
Jun 26, 2026
AI
The off-market sale involved a 130-unit multifamily community totaling 156,100 square feet located at 6000 Mabeline Road in Hanahan, South Carolina. This asset is part of the Charleston market, which currently shows a strong demand for multifamily investments.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: All-cash offer
- Units: 130
- Square Footage: 156,100
- Address: 6000 Mabeline Road
- Market: Hanahan, SC
- Brokers: Ryan Lipomi & William Graves Jr. - Marcus & Millichap
- Closing Timeline: Closed in two weeks
- Buyer Type: Out-of-state 1031 exchange buyer
Senior directors Ryan Lipomi and William Graves Jr. of Marcus & Millichap represented the transaction, reflecting their brokerage's active role in facilitating property sales in competitive markets. Their involvement contributed to achieving a rapid closure of the deal within a two-week period.
Players
Rudd 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93