
The Lorrel
3465 Sandler Blvd, Myrtle Beach, SC, 29566, US
270 units
JLL, as exclusive advisor, is pleased to present Pavilion Village (the “Property,” the “Community,” or “Pavilion Village”), a 294‑unit, 2015‑vintage, garden‑style multifamily community located in the rapidly expanding Northeast Charlotte / University City submarket. The asset combines suburban convenience with strong regional connectivity benefitting from proximity to employment anchors such as University Research Park, Atrium Health University City, and multiple major corporate campuses. Pavilion Village features a well‑diversified mix of spacious one‑, two‑, and three‑bedroom floor plans, each designed with modern interiors including black or stainless appliances, granite countertops, walk‑in closets, private patios/balconies, and select attached garages. The community also offers a robust amenity package highlighted by a resort‑style pool, resident clubhouse, fitness center, dog park, and ample green space. As a 2015‑delivered asset with strong bones and desirable curb appeal, Pavilion Village provides a compelling value‑add opportunity. Investors can unlock rental upside through targeted interior renovations (premium finish packages, technology upgrades, flooring replacements), enhanced amenities, and strategic repositioning to better align the community with the elevated renter expectations seen across newer University City and Northeast Charlotte product. The Northeast Charlotte submarket continues to rank among the metro’s highest‑growth corridors, driven by sustained in‑migration, rapidly expanding employment nodes, and significant retail and infrastructure investment. Limited new multifamily deliveries within the immediate competitive set—particularly for large‑scale garden assets—further supports long‑term rent growth and operational durability for Pavilion Village. Charlotte remains one of the nation’s leading markets for population inflows, job creation, and household formation, while rising for‑sale housing costs continue to direct households toward high‑quality rental housing. Supported by strong fundamentals, demonstrated leasing velocity, and clear renovation upside, Pavilion Village is optimally positioned to deliver compelling risk‑adjusted returns and durable long‑term performance.


