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Latitude at the Commons

Posted: 2/6/2023
288 Units
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Latitude at the Commons
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Latitude at the Commons
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Latitude at the Commons
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Latitude at the Commons
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Latitude at the Commons
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Latitude at the Commons
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Latitude at the Commons
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Latitude at the Commons
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Latitude at the Commons
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Latitude at the Commons
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Latitude at the Commons

About

About Latitude at the Commons

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Latitude at The Commons, a 288-unit multifamily property located directly off Highway 17 and just minutes away from the popular Market Common community Myrtle Beach, SC. Strategically positioned in the primary residential and recreation node of the nation’s fastest growing midsized city since 2020 with an impressive 30% population growth since 2017, the asset is situated with easy access to top retail, entertainment, healthcare, and employment hubs. Myrtle Beach’s rapidly expanding population highlights its diverse demographics supporting a strong multifamily foundation, resulting in unprecedented rent and supply growth. Historically high barriers to entry for home ownership continue to price potential buyers out of the market, forcing them to turn to rental options and adding to existing supply constraints resulting in record high demand for apartments. Completed in 2009 by Trammel Crow Residential, Latitude at The Commons’ spacious floor plans, detail-oriented finishes and modern amenity package presents an exceptional opportunity to acquire an institutional quality asset with attractive debt and unmatched rental headway ($365+).

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