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Multifamily

Market Commons

Yorkshire Pkwy, Myrtle Beach, SC 29577

Listing Price: $5,750,000

Cap Rate
1.00%
Number of Units
86
Price/Unit
$66,860
Price/Gross SF
$51.43
Gross SF
111,800

Investment Overview

Marcus and Millichap are pleased to present the High Market Phase II in Myrtle Beach, SC. This opportunity gives investors the opportunity to develop 86 units on 10.72 acres, two-bedroom and two-bathroom units along with 18 garages. The High Market Phase II is a new upscale community on the south end of Myrtle Beach. This area provides more than 60 retail and specialty stores, fine and casual dining, and plenty of activities. It has a downtown fell just Minutes from U.S,. 501, U.S. 17 Bypass and Kings Highway. Market Common includes the Grand Park Athletic Complex, Playgrounds, Movie Theater, Valor Memorial Garden, Gordon Biersch Brewery, Hockey Ring, and much more. This property is only 5 minutes from the Beach and 3 miles to the Boardwalk. Myrtle Beach is the fastest-growing city in the United States, according to a list by U.S. News and World Report. The list ranks cities by net migration for each metro area, measured by growth or decline in population over the last five years. Tripadvisor rated Myrtle Beach as the 3rd most popular summer destination. GolfPass ranked Myrtle Beach as the world’s 13th best golf destination. Investors will be able to take advantage of all of the demand generators Myrtle Beach has to offer.

Investment Highlights

  • Fastest growing Multifamily market in the US
  • 3 miles to Beach Access
  • High Market Phase II Community over 60 Retail Stores and Restraunts

Exclusively Listed By

Multifamily

Market Commons

Listing Price: $5,750,000

Cap Rate
1.00%
Number of Units
86
Price/Unit
$66,860
Price/Gross SF
$51.43
Gross SF
111,800

Investment Highlights

  • Fastest growing Multifamily market in the US
  • 3 miles to Beach Access
  • High Market Phase II Community over 60 Retail Stores and Restraunts

Investment Overview

Marcus and Millichap are pleased to present the High Market Phase II in Myrtle Beach, SC. This opportunity gives investors the opportunity to develop 86 units on 10.72 acres, two-bedroom and two-bathroom units along with 18 garages. The High Market Phase II is a new upscale community on the south end of Myrtle Beach. This area provides more than 60 retail and specialty stores, fine and casual dining, and plenty of activities. It has a downtown fell just Minutes from U.S,. 501, U.S. 17 Bypass and Kings Highway. Market Common includes the Grand Park Athletic Complex, Playgrounds, Movie Theater, Valor Memorial Garden, Gordon Biersch Brewery, Hockey Ring, and much more. This property is only 5 minutes from the Beach and 3 miles to the Boardwalk. Myrtle Beach is the fastest-growing city in the United States, according to a list by U.S. News and World Report. The list ranks cities by net migration for each metro area, measured by growth or decline in population over the last five years. Tripadvisor rated Myrtle Beach as the 3rd most popular summer destination. GolfPass ranked Myrtle Beach as the world’s 13th best golf destination. Investors will be able to take advantage of all of the demand generators Myrtle Beach has to offer.

Exclusively Listed By

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