In the Q3 2022, ACRE and Ark Residential achieved a significant milestone by closing a forward purchase contract with a national homebuilder in Myrtle Beach, South Carolina. This successful collaboration gave rise to “The Springs at Arcadia,” an upcoming residential community. The Springs at Arcadia will feature 150 single-family homes available for rent, ranging from 3 to 4 bedrooms, each equipped with 2-car garages and averaging over 1,800 square feet in size. The community enjoys a prime location adjacent to the master plan community center, which offers a variety of amenities for its residents, including a resort-style pool, a full gym, lounging areas, basketball courts, and pickleball courts.
$57M+
- Myrtle Beach, SC
- 150 Units