Incredible Value-Add Opportunity! Deerfield Village | 26-Unit HUD / LIHTC Housing Community Only 2 years remaining on LIHTC Agreement

Property Details

Highlights

• 26-Unit Affordable Housing Community located in Hardeeville, South Carolina
• Unit Mix: 10 Two-Bedroom, 10 Three-Bedroom, and 6 Four-Bedroom Homes
• Neighborhood-style residential layout with detached homes rather than traditional apartment buildings
• Community clubhouse and playground area serving residents
• Fully occupied with stable tenant base
• Operates under HUD HOME and Low-Income Housing Tax Credit (LIHTC) affordability guidelines
• Income and rent restrictions remain in place through April 9, 2028
• Larger family-sized units provide housing options limited within the surrounding market
• Established affordable housing community with long-term operational history
• Opportunity to acquire a regulated housing asset with a defined regulatory timeline

Property Description

Deerfield Village presents the opportunity to acquire a stabilized affordable housing community located in Hardeeville, South Carolina. The property consists of 26 residential units comprised of 10 two-bedroom homes, 10 three-bedroom homes, and 6 four-bedroom homes, along with a central community building and playground area serving residents of the neighborhood. The homes are arranged in a residential-style layout that creates a neighborhood environment rather than a traditional apartment complex. The community currently operates under HUD HOME and Low-Income Housing Tax Credit (LIHTC) affordability guidelines, which establish income qualifications and regulated rent limits for residents. These affordability restrictions remain in place through April 9, 2028, providing a clearly defined regulatory framework for the property. The remaining term of the affordability period is an important underwriting consideration for investors and establishes the timeline under which the community currently operates. Deerfield Village is presently fully occupied with stable tenancy, reflecting consistent demand for affordable family-oriented housing within the Hardeeville market. The property’s unit mix of larger two-, three-, and four-bedroom homes provides housing options that are relatively limited in the surrounding area, supporting long-term occupancy stability. From an investment perspective, Deerfield Village offers an opportunity to acquire a regulated affordable housing asset with an established tenant base and a defined regulatory timeline. Investors experienced in affordable housing or workforce housing will recognize the value of stable occupancy combined with the potential to evaluate long-term operational strategies as the property approaches the end of its current affordability period.

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