Cushman & Wakefield Facilitates $10.3M Sale Of Hilton Head Island SFR Community
5 Tidal Bluff Road
$10,300,000
Building Size
—
Asset Type
Single Family
Closing
Sep 7, 2023
AI
Tidal Bluff, a 30-unit single-family rental residential community located at 5 Tidal Bluff Road in Hilton Head Island, SC, has been sold for a total of $10.3 million. The property was sold by Singerman Real Estate LLC.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $10,300,000
- Address: 5 Tidal Bluff Road, Hilton Head Island, SC
- Market: Hilton Head Island, SC
- Units: 30
- Price per Unit (PPU): $343,333
The sale of Tidal Bluff was facilitated by Austin Green, Louis Smart, and Taylor Bird from Cushman & Wakefield.
It is worth noting that Cushman & Wakefield played a significant role in facilitating the sale of the 30-unit single-family rental residential community, Tidal Bluff, on Hilton Head Island for a transaction amount of $10.3 million.
Players
Hilton Head Island Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.54%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93