Investment Overview

Marcus & Millichap is pleased to present for sale the multifamily property located at 600 17th Avenue North in Myrtle Beach, South Carolina. Thoughtfully maintained by current ownership, this investment opportunity is comprised of six two-bedroom units and encompasses a gross buildable area of 5,772 square feet. Additionally, the property offers the ability to increase rents ten percent immediately, providing new ownership with enhanced cash flow. Situated just a ten-minute walk from the beach, the property offers rapid access to the amenities that define coastal living. Located only 1.4 miles from Broadway at the Beach, one of Myrtle Beach's premier retail and entertainment hubs, the property ensures tenants have convenient access to a variety of shopping, dining, and entertainment options. This proximity, coupled with the property's desirable location near beach access, ensures consistent tenant demand and long-term occupancy. The fastest growing city in South Carolina and the fifth fastest growing city in the country, Myrtle Beach is lauded for its robust employment base, year-round attractions, and booming tourism industry that draws in over 17 million visitors annually. This offering presents an opportunity to acquire a well-positioned asset in one of South Carolina’s most vibrant and rapidly growing coastal markets.