Myrtle Beach Income Generating Condos Hospitality FOR SALE


Myrtle Beach, SC
$736,000 USD
843-286-5180
, Myrtle Beach, SC for Sale
$736,000 USD
Hospitality - FOR SALE
1/24
null | 7.88% Cap Rate

Myrtle Beach Income Generating Condos
Myrtle Beach, SC


HIGHLIGHTS

  • Top location next to restaurants, nightlife, boardwalk, and piers
  • Ocean Front View with indoor / outdoor pools & hot tubs, laundry, parking, security, and a convenience shop onsite
  • All units renovated in 2024, incl. new appliances and A/C
  • Seamless STR listing management offered at 15% gross (hundreds of 5-star reviews)

OVERVIEW

Own a high-performing vacation rental portfolio with four oceanfront one-bedroom, one-bathroom condos in an investor friendly building, in the heart of Myrtle Beach. This turnkey investment offers an unbeatable combination of location, consistent rental income, and recent upgrades, making it the perfect opportunity for investors looking to expand their footprint. Why Invest? Prime Oceanfront Location: These condos are situated directly on the beach, just minutes from Myrtle Beach's main boardwalk, piers, golf courses, restaurants, shopping, and entertainment, including panoramic views of the Atlantic Ocean from private balconies. The location ensures strong demand from vacationers year-round. Proven Rental Income: These condos have generated ~$120,000 in annual income through short-term rentals, with a history of high occupancy rates and guest satisfaction. With its oceanfront location and beach-themed appeal, these units are positioned for continued success in the Myrtle Beach market. Disclaimer: Past performance is not indicative of future results. Revenue figures are based on historical performance, and future earnings may vary. Recent Upgrades: These units have been thoughtfully updated to keep them in top condition, ensuring a modern and comfortable stay for guests. Recent replacements include: - Oven, stove, dishwasher (replaced in the last 1-2 years) - Air conditioning unit (replaced in the last 2 years) - New ceiling, paint, and furniture (in the last year) - Minor improvements throughout each condo (in the last year) Fully Turnkey & Low Maintenance: The property comes fully furnished and ready to rent, complete with everything needed to host guests. In addition to the oceanfront location, the building offers heated indoor and outdoor pools, hot tubs, on-site security, a laundry room, and secure multi-space parking—all of which contribute to a seamless, low-maintenance ownership experience. High Demand Market: Myrtle Beach attracts millions of visitors annually, and this portfolio is perfectly positioned to capitalize on that demand. With its location and sought-after amenities, Myrtle remains a favorite choice for families and vacationers looking for an unforgettable beach getaway. Professional Property Management Option Available: The current owners are highly rated & experienced in managing these units and can continue managing the portfolio for the new owner, ensuring a smooth transition and continued five-star performance. For just 15% of gross revenue, the owners can handle all aspects of rental management, including booking, guest communication, cleaning coordination, and maintaining the high standards that have contributed to the condo’s consistent rental success. This is a rare chance to own fully upgraded, turnkey condos in one of Myrtle Beach’s highest-demand locations. With proven rental income, recent upgrades, and low-maintenance ownership, this portfolio is an ideal investment for anyone looking to capitalize on the thriving vacation rental market. Contact us today for more details or to schedule a tour of this standout investment.

ASK ABOUT THIS PROPERTY

Matt O'SullivanLandmark 731 LLCMore Info
843-286-5180

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Matt O'SullivanLandmark 731 LLCMore Info
843-286-5180

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