$650,000

1408 Dunbar St.

Myrtle Beach SC, 29577

Description

This property is an 8 Unit Apartment Complex that enjoys a 100% Occupancy Rate and is a proven and reliable income generating investment. The property is located just 3 Blocks from the beach and across the street from The Myrtle Beach Convention Center and Sheraton Hotel making it the perfect place for those tenants who wish to live and work in the area. The Gross Rental Income Statement and Net Operating Income Statement are available and shows a Capitalization Rate of 9.6%. This apartment complex has undergone complete renovation and will provide worry free income to the investor looking for a lucrative property in the heart of Myrtle Beach.

Details

MLS#2002590
Listing TypeFor Sale
Sub-TypeResale
StatusPending - Show
Year0
Days On Site57

Features

Units8
Building(s)1

Market Activity 29577

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Area Information

StateSC
CountyHorry
CityMyrtle Beach
Zip Code29577
Area16F Myrtle Beach Area--10th Ave
Listing VS Median (in 29577)
Price:
$650,000
low | high
Med:
$177,000
100% of Average
On Site:
57
low | high
Med:
174
32.758620689655% of Average
Listing Updated: 03/30/2020
MLS Number: 2002590
Listing Provided By:
Ken Moore  of  Century 21 The Harrelson Group