The real estate investment platform RealCrowd launched a new offering for a two-property portfolio in metropolitan Myrtle Beach.
The Cloisters is located in Myrtle Beach, South Carolina, and Aviary Village is 15 miles away in Conway, South Carolina.
U.S. News & World Report recently ranked Myrtle Beach as the No. 1 Fastest Growing Market in the U.S. The market has seen a 16.3% rent-growth rate over the past year with an additional 10.3% increase projected throughout 2022, according to commercial real estate analytics firm CoStar.
The two properties have a total of 160 units with an occupancy rate of 99.38% — far above the market rate. The project’s sponsor Aulder ...
Full story available on Benzinga.com
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The Cloisters is located in Myrtle Beach, South Carolina, and Aviary Village is 15 miles away in Conway, South Carolina.
U.S. News & World Report recently ranked Myrtle Beach as the No. 1 Fastest Growing Market in the U.S. The market has seen a 16.3% rent-growth rate over the past year with an additional 10.3% increase projected throughout 2022, according to commercial real estate analytics firm CoStar.
The two properties have a total of 160 units with an occupancy rate of 99.38% — far above the market rate. The project’s sponsor Aulder ...
Full story available on Benzinga.com
Continue reading...