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South Carolina Investor Pays Highest Purchase Price in 2022 for Apartments in Home State Beach Town

Firm Now Owns Five Apartment Properties in the Palmetto State
Johnson Development Associates bought Coastal Exchange Apartments in Myrtle Beach, South Carolina. (CoStar)
Johnson Development Associates bought Coastal Exchange Apartments in Myrtle Beach, South Carolina. (CoStar)
CoStar News
January 5, 2023 | 11:01 P.M.

A South Carolina real estate investor and developer expanded its home state holdings with the purchase of a newly built apartment property in Myrtle Beach to close the final three months of the year that saw an upswing in sales.

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