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12 Essex Court, Bluffton, SC 29910

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Address: 12 Essex Ct, Bluffton, SC 29910, USA

Atlanta & Southeast + Apartment Buildings

Created date: June 13, 2024

Date last updated: September 23, 2024

LIMITED INVENTORY DRIVES DEMAND AND INCOME
By virtue of geography, Bluffton and neighboring Hilton Head Island have a limited inventory of rental properties available, however the area remains a very popular destination for the in-migration of new residents. This limited inventory drives higher average rental rates and demand for well-located properties.
HIGHER THAN AVERAGE HOUSEHOLD INCOME
Median Household Income in Bluffton is $99,575, compared to South Carolina’s MHI of $64,115 or the National MHI of $74,755. (US Census Data).
INCREDIBLE POPULATION GROWTH
Bluffton grew by 8.19% in the past year and has grown more than 40% since 2020. By comparison, the State of South Carolina is the fastest growing state in the nation by percentage of population, with a growth rate of 1.7%.

Property Description

The Carolinas Investment Sales Team of Greysteel presents the opportunity to acquire the ten-unit Bluffton SFR Portfolio. Comprising four duplexes and two single-family homes, this Portfolio offers an investor ten Class-A units in the Bluffton-Hilton Head Island market. These units are generally leased below market average for similar properties, allowing for natural rental income increases by a new Owner. Additionally, seven of the ten have seen unit interior updates and modernizations for low maintenance operation.

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Key Property Information

Listing Status:	Unavailable
Listing Type:	Call for offers
Property Types:	Apartment Buildings
No. of Units:	10
Year Built:	2003
Lot Size:	0.66 Sq ft
Opportunity Zone:	No
Property Website	Click Here