Lakes at Myrtle Park
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Lakes at Myrtle Park

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