Turnkey income-producing residential portfolio consisting of five individually deeded condominium units located within the established Cobblestone community. All units are currently leased, providing immediate cash flow and operational stability from day one. This offering presents a rare opportunity to acquire scale within a single transaction in one of Myrtle Beach’s most active rental submarkets. Portfolio ownership allows investors to benefit from consolidated management efficiencies, reduced acquisition friction, and predictable operating expenses supported by HOA oversight of exterior maintenance, structural components, and common areas. Strong workforce housing demand, continued population growth, and sustained rental market fundamentals support long-term income stability and appreciation potential. Ideal for investors seeking passive income, portfolio expansion, or 1031 exchange replacement property. Financials, rent roll, and supporting documentation available upon request.
| MLS # | 2607749 |
|---|---|
| Listing Type | For Sale |
| Style | Specialpurpose |
| Sub-Type | Resale |
| Status | Active |
| Year | 1984 |
| Days On Site | 154 |
| Listing Provided By | Golden Peak Management Realty | Bradley Lloyd |
| SQ Feet | 2,685 |
|---|---|
| Story(s) | 1 |
| Units | 5 |
| Zoning | MF |
| Acreage | 1.82 |
| State | SC |
|---|---|
| County | Horry |
| City | Myrtle Beach |
| Zip Code | 29577 |
| Area | 10B Myrtle Beach Area Carolina Forest |
| Listing VS Median (in 29577) | |
Price: $581,166 low | high Med: $219,000 sqft: 2,685 low | high Med: 560 $ / sqft: $216 low | high Med: $392 On site: 154 low | high Med: 28 | |
| State | SC |
|---|---|
| County | Horry |
| City | Myrtle Beach |
| Zip Code | 29577 |
| Area | 10B Myrtle Beach Area Carolina Forest |
| Listing VS Median (in 29577) | |
Price: $581,166 low | high Med: $219,000 sqft: 2,685 low | high Med: 560 $ / sqft: $216 low | high Med: $392 On site: 154 low | high Med: 28 | |