About Coastal Exchange
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Coastal Exchange, a 300-unit apartment community located in Myrtle Beach, South Carolina. The property is strategically located in the nation’s fastest growing city, characterized by soaring population and skyrocketing home values. The Class-A community will feature modern finishes and best-in-class amenities, positioning it as the one of the submarket’s leading assets. Situated just off Highway-17, the property offers residents unmatched access to the area’s foremost employers as well as an array of retail and entertainment, including 66-miles of shoreline just minutes away. Furthermore, the submarket enjoys ideal fundamentals propelled by the influx of new residents, with 23% rent growth anticipated by 2026. Market comparables and submarket projections outline the property’s vast rent potential ($1,950+ at final CO) and highlight incoming ownership’s opportunity to acquire a top-tier asset at an extremely attractive basis.