Slideshow Image

Seaside Grove & Providence Park

Posted: 5/17/2022
528 Units
Want to add this to My Listings (or tell us why you're not interested)?
Log In or Register ...

Photos

Under Contract
Slideshow Image
1. Seaside Grove
Under Contract
Slideshow Image
1. Seaside Grove
Under Contract
Slideshow Image
1. Seaside Grove
Under Contract
Slideshow Image
1. Seaside Grove
Under Contract
Slideshow Image
1. Seaside Grove
Under Contract
Slideshow Image
1. Seaside Grove
Under Contract
Slideshow Image
1. Seaside Grove
Under Contract
Slideshow Image
1. Seaside Grove
Under Contract
Slideshow Image
1. Seaside Grove
Under Contract
Slideshow Image
1. Seaside Grove
Under Contract
Slideshow Image
1. Seaside Grove
Under Contract
Slideshow Image
2. Providence Park
Under Contract
Slideshow Image
2. Providence Park
Under Contract
Slideshow Image
2. Providence Park
Under Contract
Slideshow Image
2. Providence Park
Under Contract
Slideshow Image
2. Providence Park
Under Contract
Slideshow Image
2. Providence Park
Under Contract
Slideshow Image
2. Providence Park
Under Contract
Slideshow Image
2. Providence Park
Under Contract
Slideshow Image
2. Providence Park
Under Contract
Slideshow Image
2. Providence Park

About

About Seaside Grove & Providence Park

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 312-unit Seaside Grove at Carolina Forest and 216-unit Providence Park, which can be acquired together or individually. The properties are situated in two of South Carolina’s most admired cities, Myrtle Beach and Columbia. As the fastest growing city in the U.S., Myrtle Beach leads the surge of southern coastal migration posting 51% population growth since 2000, outpacing all other coastal markets. The capital city of Columbia also displays persistent growth through its primary employment sectors of medical, education, and government, with rents projected to rise 21% through 2027. Located in the Carolina Forest and East Columbia communities, residents at the properties enjoy direct access to top-tier retail, premier entertainment options, and seamless connectivity to major economic drivers. The immediate areas surrounding the properties boast high average HHIs ($75k+), dominant white-collar populations (65%), and impressive rent growth (21% avg.), representing the ideal time to own in these thriving pockets of South Carolina. New ownership can benefit from the tremendous upside of the portfolio advantage and implement a Class-A value-add campaign to push rents $430+ in three years, yielding additional revenue for years to come.

Documents