Investment Property Advisors
Hallmark White Oak Apartments is a 72-unit affordable housing community located in the historic Town of Bluffton, SC, near shopping centers, restaurants, government buildings, and brand new schools. Residents also enjoy being within minutes to Hilton Head Island, a resort town that host a variety of entertainment opportunities, including the Heritage Golf Classic, a PGA Tour tournament.
The property was built and placed in service in 2007 under the Section 42 Low Income Housing Tax Credit (LIHTC) program. There is an existing regulatory agreement in place which requires all units to be rented to income qualifying residents earning no more than 50% & 60% of Area Medium Income (AMI) limits, which are provided by the South Carolina State Housing Finance and Development Authority. The property is still within its initial tax credit compliance period.
The property offers two and three bedroom floorplans. Each apartment home offers a designer kitchen with walk-in pantry, washer/dryer connections, walk-in closets, open bar kitchen, ceiling fans, and sunrooms. Hallmark White Oak offers a beautiful swimming pool, clubhouse, playground, BBQ and picnic area, outdoor gazebo, 24 hour emergency maintenance, on-site management, on-site laundry facility, and a professional and friendly staff.