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Pace Portfolio

Posted: 9/13/2022
255 Units
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Photos

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Pace View
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Pace View
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Pace View
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Pace View
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Pace View
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Pace View
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Pace View
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Pace View
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Pace View
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Pace View
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Pace View
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Pace Village
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Pace Village
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Pace Village
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Pace Village
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Pace Village
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Pace Village
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Pace Village
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Pace Village

About

About Pace Portfolio

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 119-unit Pace Village and 136-unit Pace View I & II apartment communities in the exploding Myrtle Beach, South Carolina. Former boutique hotels that have been converted into multi-family apartments, these assets are primed to flourish along with the submarket’s growth and strong demographics ($67K avg HHI and 55% white-collar population). Located in one of the nation’s fastest growing cities, 32% population growth since 2010, both assets are situated along the SC Highway 501 corridor connecting Pace Village’s top-tier retail (Tanger Outlets) and residential area with the highly regarded oceanfront area that is home to Pace View. Pace View is just a block from the Atlantic Ocean and a few minutes from a major area employer, the Myrtle Beach International Airport. Pace View and Pace Village’s pristine location provides incoming ownership with a unique opportunity to invest in assets that are proving to be sought after due to occupancy rising from 70% to 92% in the last two months.

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