Affiliates Of Harbor Group International Acquire Multifamily Community In Myrtle Beach For $64.4M

Artisan Carolina Forest, a 276-unit multifamily community located at 101 Ascend Lp in Myrtle Beach, SC, has been acquired by affiliates of Harbor Group International, LLC. The property was sold for a total of $64.4 million, with a price per unit of $233,333.

Summary of Transaction Details

• Property Type: Multifamily
• Transaction Amount: $64,400,000
• Address: 101 Ascend Lp, Myrtle Beach, SC
• Market: Myrtle Beach, SC
• Units: 276
• Price Per Unit (PPU): $233,333

The sale of Artisan Carolina Forest marks the successful acquisition of a significant multifamily asset in Myrtle Beach, SC. The deal was facilitated by Andrea Howard and John Currin of NorthMarq, acting as the brokers representing the buyer, affiliates of Harbor Group International, LLC.