Walton Global Acquires Nearly 100 Acres in Conway, South Carolina
Land purchased to support development of housing options near Myrtle Beach
Walton Global, a leading asset management and global real estate investment company, announced its new land acquisition of 99.76 acres in Conway, South Carolina. Known as the Todd Tract property, the parcel is intended for single-family homes that promote affordability and close proximity to Myrtle Beach and North Myrtle Beach.
Located in central Horry County, the property represents one of the last remaining parcels for residential development near the coastal areas of Myrtle Beach. However, due to being situated slightly more inland, the property has potential for relatively affordable new construction homes.
“The Todd Tract property is a favorable plot of land that supports housing demand for a variety of buyers across the first-time buyer and move up buyer spectrum,” said Mike Doherty, senior vice president of land for Walton Global. “Its ideal location within Conway offers residents relative affordability for the region and the feel of a small town, while still being just a short drive away from Myrtle Beach and its many attractions.”
The property site location is ideal for prospective residents with suitable access to grocery, retail, dining, conveniences and entertainment offerings. It appeals to the region’s top demographics of both retirees and young families. It is also located near Coastal Carolina University, one of South Carolina state’s major universities.
With the increased affordability and larger average household size Conway holds in comparison to the rest of Horry County, Walton Global’s investment in this property represents the company’s committment to delivering exceptional real estate projects to the regions it serves. The Todd Tract property joins Walton Global’s seven additional assets throughout South Carolina and the company is continuing to search for even more land acquisition opportunities within the state.
