The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Waterleaf at Battery Creek, a 212-unit, state-of-the-art community offering its residents best-in-class living space and amenities in Beaufort, SC. This asset is located in the heart of Low Country South Carolina, a rapidly expanding coastal region situated along Interstate-95 between the major U.S. ports of Savannah and Charleston. Waterleaf at Battery Creek sits in one of the most sought-after locations in the area, with unobstructed water views and immediate access to the Port Royal Sound and Atlantic Ocean by way of a stunning on-site 300-ft crab dock. The Hilton Head-Bluffton-Beaufort market is seen as an attractive destination for residents fleeing larger U.S. cities with dense infrastructures, migrating towards coastal markets. These trends, which were only amplified by the pandemic, explain the market’s population surge of 58% since 2000, all while experiencing consistently strong rent growth (4% in Q4-2020). With phenomenal market fundamentals and a rapid lease-up seeing 17+ move-ins per month, Waterleaf at Battery Creek proves to be an outstanding opportunity to invest in a newly-built, core asset poised to capitalize on a lengthy Class-A runway with $300+ rental headroom to the leading market competitor.
...
Sold