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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31275717
31275718

4711 Cobblestone Dr, Myrtle Beach, SC 29577

BL
SC 117005
Golden Peak Management Realty
Listed by Golden Peak Management Realty
$581,166
70 days on market
Updated 10 days ago

Cobblestone Portfolio

Details
Property Type Multifamily
Sub Type Apartment Building, Single Family Rental Portfolio
Net Rentable (SqFt) 2,685
Units 5
Cap Rate 6%
NOI $34,870
Occupancy 100%
Broker Co-Op Yes
Class B
Year Built 1984
Year Renovated 2021+
Buildings 4
Stories 1
Acreage 1.840
Zoning MF
Investment Type Stabilized
Occupancy Date 03/25/2026
Ground Lease No
Ownership Fee Simple
Sale Condition 1031 exchange

Multifamily | 5 Units | $116,233/unit

Marketing description

Exceptional opportunity to acquire a residential investment portfolio consisting of five income-producing condominium units located within the established Cobblestone community in Myrtle Beach. The units are well-maintained and in updated condition, offering investors a turnkey ownership opportunity with immediate rental income potential.

The properties benefit from strong rental demand due to their convenient location near major employment corridors, retail, dining, medical facilities, and Myrtle Beach’s renowned coastline. Positioned just a short drive from the beach, the portfolio offers long-term tenant appeal and consistent occupancy trends supported by the area’s continued growth and economic stability.

Ownership is further enhanced by the homeowners’ association, which provides exterior maintenance, common area upkeep, and structural oversight, contributing to predictable operating expenses and reduced management complexity.

This portfolio is ideal for investors seeking passive income, portfolio expansion, or those looking to acquire multiple residential assets within a single transaction in one of the Grand Strand’s most active rental markets.

Listing Contacts

BL
SC 117005
Golden Peak Management Realty
Listed by Golden Peak Management Realty

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$34,870.00
$2,905.83/mo

Valuation Metrics

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DSCR
6%
Cap Rate
6%
ROI

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