This North Myrtle Beach eight unit multifamily property, in the Crescent Beach section is a fantastic opportunity for an investor. Excellent location, only one block off Ocean Blvd and a chip shot to the 21st Ave beach access parking. There is even an ocean view from the building on the corner of Perrin and 21st Ave. The 100% occupied property consist of 3 buildings on a double lot with a total of 6 -two-bedroom units and 2 -one-bedroom units. 4 new tenants are on annual leases, 4 long term tenants are on month to month. Future opportunities could involve Vacation rentals to maximize the return on investment. The Financials look strong and are available upon request of qualified buyers. Great road frontage with 123 on Perrin Drive, 57 on 21st Ave and 50 on Holly Drive. All measurements and square footage are approximate and not guaranteed. Buyer is responsible for verification.

  • MLS# 1810862
  • Sub-Type Resale
  • Status Active
  • Year 0
  • Days On Site 155
Units 8
Building(s) 1
Listing Provided By:
Jim Neely  of  CENTURY 21 Broadhurst
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $649,000
149.71%
$259,900 in 29582
this listing 155 on site
79.74%
765 on site in 29582

Location

State SC
County Horry
City North Myrtle Beach
Zip Code 29582
Area 11C North Myrtle Beach Area--Cre

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