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5 Tidal Bluff Road

Cushman & Wakefield Facilitates $10.3M Sale Of Hilton Head Island SFR Community
SOLDSingle Family

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

Taylor Bird

Cushman & Wakefield

Broker

$125.7M

vol

3 deals

Broker

Hilton Head Island Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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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