Home News Case Studies River Oaks Village Apartments in Myrtle Beach, SC
Myrtle Beach, SC
Purchased for $48.5 Million
Adding value by bringing rents up to market value.
- CWCIM purchased a 190-unit multifamily property with below market rents for $48.5 million.
- The Partnership implemented professional property management to maximize rents in the dynamic and high growth Myrtle Beach MSA.
- The Partnership has increased the market rents on 2×2 units to $1,800 and $1,900, exceeding our projected market rents by $323, or 21.5%.
About CW Investment Management
Our team of commercial real estate experts utilize decades of experience to generate high returns on investments. With integrity and attention to detail, we build real value and relationships.