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.
|Listing Type||For Sale|
|Days On Site||21|