604-606-608 37th Ave. N
Myrtle Beach, 29577
$2,700,000
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
On the map
Nearby active homes — this home + 12 nearby for sale
