Safe Harbor

Safe Harbor
409 16th Avenue South Myrtle Beach, SC 29577
Listing Type :	For Sale
Property Type:	Multifamily
Subtype:	Apartment 5+ Units
Sale Price :	$475,000/Acre
Cap Rate:	9%
Building Size:	6,000 Sq Ft
Lot Size:	N/A Acres
CLICK HERE TO CONTACT
Updated Tuesday, June 01, 2010

Property Description NOT A SHORT SALE!!! Owner relocating! What a great opportunity! This is a unique arrangement, a beach cottage with six apartments behind it. The Cottage can be a permanent home, vacation home or vacation rental, golf getaway, or can be rented out commercially as an office or retail shop! Home has 3 Bedrooms and 1.5 Bathrooms and a split floorplan with a fireplace in the living room. It features a full kitchen with a breakfast bar. The front porch is spacious (12 x 24'). House is approximately 1200 square feet. The six 2BR apartments behind the house are 800-825 square feet and provide a steady annual rental income...use this income to pay the mortgage!

Location Description This property is located just 1.5 blocks from the ocean! AND just blocks from the Myrtle Beach revitalization district. It is convenient to the Myrtle Beach International Airport and Coastal Grand Mall (1.5 miles). Also convenient to great entertainment, good dining, and plenty of great golf courses!WNER

CLICK HERE TO CONTACT

Updated Tuesday, June 01, 2010

No Attachments Uploaded

	1 Mile	5 Miles
Population
Total Population:	3,678	51,615
Population Density:	3,678/sq mi	2,065/sq mi
Households
Total Households:	1,736	22,742
Average Size:	2.12	2.27
Income/Age/Gender
Average Income:	$29,275.00	$38,242.00
Average Age:	27.2 years	29.0 years
Male/Female Ratio:	51.9 M / 48.1 F	50.2 M / 49.8 F
Housing
Total Housing Units:	2,645	31,996
Occupied Housing:	1,736 (66%)	22,742 (71%)
Vacant Housing:	909 (34%)	9,254 (29%)