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604 37th Ave N

Myrtle Beach SC 29577

6648 sq. ft.
Apartment
Currently for sale - view listing

Overview

Located in a highly sought-after rental pocket of Myrtle Beach, 604 37th Ave N offers a rare chance to acquire a multifamily asset just a short walk (roughly three blocks) from the beach, a location attribute that consistently supports strong tenant demand and durable occupancy. This building hosts a an excellent unit mix including four 1 bedroom and four 2 bedroom units. From an investor perspective, the upside is straightforward and meaningful. The beach-adjacent setting creates runway for rent growth through renovations and unit modernization, while a professional management approach can improve NOI via expense controls, tighter leasing/collections, and standardizing unit turns. The area’s mix of year-round renters and coastal demand supports strong absorption, and updated interiors can reposition the asset to compete at the top of its submarket. This aggressively priced building is ready to sell!

Features

6648 sq. ft. floor area
Apartment

Property history for 604 37th Ave N

2022
Sold
$1,120,000
29 Mar 2022
2015
Sold
$210,000
22 Sep 2015 by Ryan Earnest, of Keystone Realty MB, LLC

Happy sellers in Myrtle Beach

80%
80% of sellers in Myrtle Beach reported that their sale price either exceeded or met their price expectations.

Myrtle Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 27 reviews in Myrtle Beach over the last 12 months.

Local market activity for apartments in Myrtle Beach

In the last 12 months, 14 apartments similar to 604 37th Ave N, have been sold.

This represents a 366% decrease in apartments sales when compared to the previous 12 months.

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