Description

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.

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Property information

Property type

Commercial Sale

Year built

1984

Living area

2,685 Sq Ft

Lot size

1.82 acres

Price / Sq Ft

$216

Days on market

204

Stories

1

Parcel number

42013010058

Zoning

MF