The Forturro Group · Keller Williams Innovate
Photos coming soon
Pending

604-606-608 37th Ave. N

Myrtle Beach, 29577

$2,700,000

Apartment · 25 units 21,648 sqft

About this property

Positioned in a high-demand Myrtle Beach rental corridor, this 25-unit multifamily offering delivers the kind of scale investors want with a unit profile tenants love: seventeen 2-bedroom units that typically drive stronger long-term retention and reduced turnover compared to smaller-unit mixes. The combined footprint provides operational efficiency (one location, consolidated maintenance/management), while the nearby employment, retail, and coastal lifestyle demand supports consistent occupancy. Compiled of 3 properties, one containing 12 units, one containing 6 units and the other containing 7 units, from an investment standpoint, the upside is compelling. A new owner can push rents through interior renovations, improve NOI via expense controls and professional management, and enhance curb appeal to compete at the top of the submarket. With a concentrated 2-bedroom portfolio, there’s also strong potential to standardize finishes making for streamline turns. The “connected/portfolio” nature of the asset can further support long-term value through improved financing options, future operational consolidation, and optional disposition strategies once stabilized. CHECK THIS ONE OUT TODAY!

Listed by Keller Williams The Forturro Group. Information deemed reliable but not guaranteed.

Property details

Status
Pending
Property type
Apartment
Units
25
Bedrooms
Per unit — see description
Bathrooms
Per unit — see description
Living area
21,648 sqft
Year built
1981
Subdivision
None
County
Horry
Days on market
134
HOA
None
MLS #
2615892

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