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Coastal Exchange

Posted: 4/13/2022
300 Units
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Coastal Exchange
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Photos are Representative of Hathaway Product Quality
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Photos are Representative of Hathaway Product Quality
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Photos are Representative of Hathaway Product Quality
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Photos are Representative of Hathaway Product Quality
Sold
Slideshow Image
Photos are Representative of Hathaway Product Quality
Sold
Slideshow Image
Photos are Representative of Hathaway Product Quality
Sold
Slideshow Image
Photos are Representative of Hathaway Product Quality
Sold
Slideshow Image
Photos are Representative of Hathaway Product Quality
Sold
Slideshow Image
Photos are Representative of Hathaway Product Quality

About

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.