Portfolio
Real Estate
Indigo Cove
Transaction Overview
Indigo Cove is an institutional-quality, 83-unit single-family townhome community comprised of three-bedroom floor plans. Targeting renters by choice, the community is located in the high-growth coastal South Carolina submarket of Bluffton, home to the Hilton Head Island Airport (HHH), and easily accessible to the Charleston International Airport (CHS), the Savannah/Hilton Head International Airport (SAV), the Port of Charleston and the Port of Savannah. Beaufort County has a diverse economy composed of key industries including aerospace/defense, healthcare, manufacturing, life sciences and hospitality/tourism. The development site was sourced on an off-market basis with construction projected to commence in early 2023.
Key Stats
Location
Beaufort, SC
Submarket
Bluffton
Address
Buck Island Road, Bluffton, SC 29910
Units
83
Property Type
Build For Rent / Single Family Rental
Investment Profile
Ground-Up Development
Acquired
Q3 2022
Status
Development Underway