Cove Property Management, Advantage Properties and Keyser Capital today announce their partnership to acquire Alta Surf, a premier 216-unit, Class B+ apartment community located in Myrtle Beach, S.C., for $45.7 million. Cove will assume management of the property.
Located in the highly successful master-planned community, Carolina Forest, Alta Surf is situated in one of the nation’s fastest growing cities with unmatched net migration posting 32% population growth since 2011. This ideal location provides residents direct access to the area’s largest employers, top tier higher education, and sought-after retail and lifestyle amenities including 66 miles of ocean shoreline and over 100 golf courses.
Completed in 2007, Alta Surf includes large one- and two-bedroom homes with 9 foot ceilings, crown molding and designer kitchens. The community boasts a well-appointed amenity package including detached garages, a luxurious clubhouse, state-of-the-art fitness center and resort style pool with sundeck and outdoor kitchen.
For more information on Alts Surf, click here.