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8 EXECUTIVE SUMMARY | LOCATION HIGHLIGHTS | FINANCIAL ANALYSIS | MARKET SURVEY

THE OFFERING PROPERTY SUMMARY

Address
Multi Housing Group, as exclusive marketing advisors, are pleased to present the 555-585 Wild Wing Boulevard
Conway, South Carolina
opportunity to purchase 50 completed luxury condo/townhome units within the Aviary

Village community in Conway, South Carolina. All 50-units are currently rented at an
ZIP Code
average rent of $918. Completed in 1996, the 50 units are contained in three twenty 29526

four-unit buildings that feature luxury amenities including fully furnished units, high

ceilings, washers/dryers, and spacious walk-in closets. Common amenities include a Occupancy
100%
newly added gym, volley ball court and resort-style pool.

Buildings
525, 555, 565, 585
Aviary Village is a three-story, garden style community with brick exterior and pitched

roofs. The o!ering of 50 units is concentrated in 2 contiguous buildings with the
Unit Types
exception of 2 units. The unit mix is 94% two-bedroom/2 bath units and 6% one- One-bedroom, one-bathroom
Two-bedroom, two-bathroom
bedroom/1 bath units. The units are spacious with one bedroom units averaging 735

SF and two-bedroom/2 bath units averaging 1109 SF. Currently the landlord pays for the Year Built
1996
electricity and water. All units have central heating and air conditioning.

No. of Units
Aviary Village is in close proximity to Coastal Carolina University, Horry-Georgetown 50

Technical College, Historic downtown Conway and Conway Medical Center. In addition,
No. of Buildings
Aviary Village is also in close proximity to major beaches, "shing, and night life.
4

As the property is condo mapped, a new owner can continue operating as an apartment Sales Price
$3,750,000
complex with a potential exit strategy of selling the units individually.