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EXECUTIVE SUMMARY | LOCATION HIGHLIGHTS | FINANCIAL ANALYSIS | MARKET SURVEY 9
INVESTMENT HIGHLIGHTS
Compelling Income Opportunity
New ownership could choose to either operate it as a rental community or convert to for-sale housing units. The advantage for the investor is they will
have the option of rental income while deciding when to convert the project for individual unit sales.
Below Market Rents
With market rents for comparable properties in Conway averaging $1.41/SF, the in-place rents of $0.94/SF are well below market.
Proximity to Major Employment Centers
Aviary Village is in close proximity to some of the largest employers in Conway, SC.
Exceptional Location
The Property enjoys an advantaageous location just o! highway 501, a major thoroughfare that connects Conway, SC with Myrtle Beach and area
beaches as well as countless shopping, dining and recreational options within a short drive from the property.
Substantial Discount to Replacement Costs
Aviary Village provides an investor the opportunity to acquire an asset with a substantial discount to replacement costs.
