606-608 37th Ave N #701 Myrtle Beach, SC 29577  | Multi Family
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$1,980,000

606-608 37th Ave N #701 Myrtle Beach, SC 29577
0
Bathrooms
0
acres
1982
Year Built
Multi Family
Property Type
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About This Home

Positioned in a high-demand Myrtle Beach rental corridor, this 17-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 2 properties, one containing 12 units and the other containing 6, 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, thereAca?!a?cs also strong potential to standardize finishes making for streamline turns. The Aca?!A?connected/portfolioAca?!A? 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!

Location

606-608 37th Ave N #701 Myrtle Beach, SC 29577

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Listing Agent

Jeff Forman

Jeff Forman

Keller Williams The Forturro Group

(11 reviews)
Avg Price Sold$356.5K
Years Experience9
Total Transactions139