711 67th Ave N - Apartments FOR SALE


Myrtle Beach, SC 29572
$1,200,000 USD
843-855-2151
711 67th Ave N, Myrtle Beach, SC for Sale
$1,200,000 USD
Apartments - FOR SALE
1/21
null | 7.7% Cap Rate

711 67th Ave N
Myrtle Beach, SC 29572


HIGHLIGHTS

  • Innovative Real Estate is pleased to present this eight-unit multifamily investment opportunity.
  • 711 67th Avenue N is in walking distance to the ocean off Myrtle Beach's coast.
  • The interior offers an open-concept floor plan for each unit.
  • The exterior has been recently updated and there is prominent signage.

OVERVIEW

Innovative Real Estate is pleased to present the one-of-a-kind opportunity to acquire 711 67th Avenue N in Myrtle Beach, SC, to the market. This is an eight-unit multiplex, with two units with three bedrooms and one-and-a-half baths (Units A & H) and six additional units with two bedrooms and one-and-a-half baths (Units B—G). The exterior was recently updated, and most of the units were updated with new LVP flooring, paint, plumbing, lighting fixtures, and most of the appliances are new—hook-ups for laundry in the attached storage out back. The property is conveniently located close to many shops, dining, entertainment establishments, and most importantly, within walking distance to the beach. Please reach out to your preferred Realtor partner for your private showing. Don't miss out on this lucrative investment, as opportunities like this don't pop up every day.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$112 USD /SF

# OF UNITS

8

PRICE/UNIT

$150,000

CAP RATE

7.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,837 SF

ZONING

MF

APN/PARCEL ID

42106010029,42106010030,42106010031,42106010032,42106010033,42106010034,42106010035,42106010036

ASK ABOUT THIS PROPERTY

Holly TurnerInnovate Real EstateMore Info
843-855-2151

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Holly TurnerInnovate Real EstateMore Info
843-855-2151

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.