Brenton W. Tankersley - Coldwell Banker Sea Coast Advantage Realty
2018 Perrin Dr.
North Myrtle Beach, SC 29582

Description

This North Myrtle Beach eight unit multifamily property, in the Crescent Beach section is a fantastic opportunity for an investor. Excellent location, only one block off Ocean Blvd and a chip shot to the 21st Ave beach access parking. There is even an ocean view from the building on the corner of Perrin and 21st Ave. The 100% occupied property consist of 3 buildings on a double lot with a total of 6 -two-bedroom units and 2 -one-bedroom units. 4 new tenants are on annual leases, 4 long term tenants are on month to month. Future opportunities could involve Vacation rentals to maximize the return on investment. The Financials look strong and are available upon request of qualified buyers. Great road frontage with 123 on Perrin Drive, 57 on 21st Ave and 50 on Holly Drive. All measurements and square footage are approximate and not guaranteed. Buyer is responsible for verification.

Details

MLS#1810862
Sub-TypeResale
StatusActive
Year0
Days On Site149

Features

Units8
Building(s)1

Market Activity 29582

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Area Information

StateSC
CountyHorry
CityNorth Myrtle Beach
Zip Code29582
Area11C North Myrtle Beach Area--Cre
Listing VS Median (in 29582)
Price:
$649,000
low | high
Med:
$261,375
100% of Average
On Site:
149
low | high
Med:
54.5
100% of Average
Listing Updated: 10/14/2018
MLS Number: 1810862
Listing Provided By:
Jim Neely  of  CENTURY 21 Broadhurst