606-608 37th Ave. N

Description

Positioned in a high-demand Myrtle Beach rental corridor, this 17-unit multifamily offering delivers the kind of scale investors want with a unit profile tenants love: seventeen 2-bedroom units that typically drive stronger long-term retention and reduced turnover compared to smaller-unit mixes. The combined footprint provides operational efficiency (one location, consolidated maintenance/management), while the nearby employment, retail, and coastal lifestyle demand supports consistent occupancy. Compiled of 2 properties, one containing 12 units and the other containing 6, from an investment standpoint, the upside is compelling. A new owner can push rents through interior renovations, improve NOI via expense controls and professional management, and enhance curb appeal to compete at the top of the submarket. With a concentrated 2-bedroom portfolio, there’s also strong potential to standardize finishes making for streamline turns. The “connected/portfolio” nature of the asset can further support long-term value through improved financing options, future operational consolidation, and optional disposition strategies once stabilized. CHECK THIS ONE OUT TODAY!