SCOTTSDALE, Ariz. (FEBRUARY 28, 2024) – Walton Global, a leading asset management and global real estate investment company, announced today its new land acquisition of 99.76 acres of the Todd Tract 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. “It’s 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 commitment 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.
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About Walton Global
Walton Global is a privately-owned, leading land asset management and global real estate investment company with more than 93,000 acres of land under ownership, management and administration in the United States and Canada, totaling $3.4 billion. With more than 44 years of experience, Walton has a proven track record of land investment projects within the path of growth in the fastest-growing metropolitan areas. A total of $2.3 billion has been distributed to investors located in 82 countries. The company works closely with top U.S. home builders, developers and industry partners. Business lines include exit-focused pre-development land investments, builder land financing, development projects, a DST offering, build-to-rent and various fund structures.