Updated Oct 29, 2024
Cushman & Wakefield Facilitates $10.3M Sale Of Hilton Head Island SFR Community
5 Tidal Bluff Road
$10,300,000
Units
30
Asset Type
Single Family
Closing
Sep 7, 2023
About this deal
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…
Deal FAQ
Visit Austin Green to view all their deals.
Browse Hilton Head Island single family sales on Traded.
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