Investment Overview

Marcus & Millichap is pleased to present the sale of Spirit of 76th, a well-positioned multifamily asset located at 203 76th Avenue North in the heart of Myrtle Beach, South Carolina. This coastal apartment community offers investors the rare chance to acquire a high-demand asset in one of the fastest-growing markets in the state. Catering to a wide range of tenants, Spirit of 76th features a desirable unit mix, composed primarily of two-bedroom, three-bedroom, and four-bedroom floorplans, catering to families. In addition to enjoying direct access to the beach, the property benefits from its close proximity to Myrtle Beach’s shoreline, shopping, dining, and local attractions. As Myrtle Beach continues to experience rapid population and economic growth, its appeal as a tourist destination, retiree haven, and expanding employment center persists. The area’s robust demographic trends support long-term rental demand and sustained appreciation. This property represents a compelling opportunity for investors seeking a long-term, beach-proximate multifamily asset in a supply-constrained market that is poised for expansion.