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Multifamily

Pace View I

2010 S Ocean Blvd, Myrtle Beach, SC 29577

Listing Price: Request For Offer

Number of Units
68
Gross SF
17,981

Investment Overview

Marcus and Millichap are pleased to present Pace view I in Myrtle Beach, SC at 2010 S Ocean Blvd. The subject property includes 68 one-bedroom units averaging 280 SF sitting on one acre. The property is currently vacant. New investors have the opportunity to operate as a short-term rental or hotel. Tenants can walk across the street to the beach and also have easy access to over 100 restaurants and shops. The subject property is only 3 miles from the Boardwalk where the city has made plans to do a major redevelopment to Downtown Myrtle Beach. The City has already purchased over 18 million in properties that will be renovated or repurposed along Broadway St. and 9th Ave N. This area is home to the Carolina Country Music Festival which attracts over 35,000 attendees at the begin of June. This festival is held for three days on 18 acres in downtown Myrtle Beach.

This property is only steps from the Beach, 4.6 miles to Broadway at 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 and GolfPass ranked Myrtle Beach as the world’s 13th best golf destination. Investors will be able to take advantage of all the demand generators Myrtle Beach has to offer.

Investment Highlights

  • Proximity to the Beach
  • Fastest growing city in the US
  • Value Add by Upgrading Interiors
  • Opportunity to Operate as an STR/Hotel

Exclusively Listed By

Listing Price: Request For Offer

Number of Units
68
Gross SF
17,981

Investment Highlights

  • Proximity to the Beach
  • Fastest growing city in the US
  • Value Add by Upgrading Interiors
  • Opportunity to Operate as an STR/Hotel

Investment Overview

Marcus and Millichap are pleased to present Pace view I in Myrtle Beach, SC at 2010 S Ocean Blvd. The subject property includes 68 one-bedroom units averaging 280 SF sitting on one acre. The property is currently vacant. New investors have the opportunity to operate as a short-term rental or hotel. Tenants can walk across the street to the beach and also have easy access to over 100 restaurants and shops. The subject property is only 3 miles from the Boardwalk where the city has made plans to do a major redevelopment to Downtown Myrtle Beach. The City has already purchased over 18 million in properties that will be renovated or repurposed along Broadway St. and 9th Ave N. This area is home to the Carolina Country Music Festival which attracts over 35,000 attendees at the begin of June. This festival is held for three days on 18 acres in downtown Myrtle Beach. This property is only steps from the Beach, 4.6 miles to Broadway at 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 and GolfPass ranked Myrtle Beach as the world’s 13th best golf destination. Investors will be able to take advantage of all the demand generators Myrtle Beach has to offer.

Exclusively Listed By

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