Lakes at Myrtle Park
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Bluffton, SC

Apartments - Residential

Due Diligence and Renovation Oversight


    RPL provided due diligence and renovation oversight services on behalf of an institutional equity partner.

    Unique Approach

    • Worked through a category-four hurricane.
    • Renovations staged to minimize impacts to residents.


    • Clubhouse successfully renovated.
    • Remainder of apartment units completed.

    Scope of Work

    Renovation of a garden-style multifamily property, built in two phases in 2004 and 2007, consisting of 16 three-story garden-style buildings containing 36 one-bedroom units, 264 two-bedroom units, and 60 three-bedroom units. Other features include a clubhouse, fitness facility, yoga room, tanning salon, business center, onsite stocked fishing lake, dog park, covered grilling areas, two salt-water swimming pools, walking trails, 540 surface spaces and 55 detached garage spaces.

    Project Summary

    • Client: One of the largest institutional private equity investment firms
    • Location: Bluffton, SC
    • Size: 360 units, 3 floors, 408,528 RSF
    • Timeline: 2016 to 2018
    • Services: Due Diligence and Renovation Oversight
    • Cost: $56 million
    • Architect: Barrett Design
    • Contractor: Allsouth Renovations
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