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401 Alder St
Myrtle Beach, SC 29577 Downtown Myrtle Beach

$725,000 USD

Apartments For Sale  •  2,655 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,655 SF
  • Lot Size 0.33 AC
  • Building Class C
  • Year Built 1945
10 Transit Score
60 Walk Score

Highlights

Recent Capital Investment: Recent capex includes roof repairs, main sewer line replacement, PEX piping, electrical upgrades, & unit-level improvements
Actively Managed Asset: Property under active professional management with documented ongoing maintenance and improvements.
7-Unit Mixed Configuration: 5 studio units and 2 one-bedroom duplex units across two buildings, with on-site laundry room.
Myrtle Beach Location: Positioned in Myrtle Beach, one of the nation’s fastest-growing metros anchoring South Carolina’s Grand Strand.
Grand Strand Employment Base: Anchored by Coastal Carolina University, Horry County Schools, Grand Strand Health, and Tidelands Health.
Growth Catalysts: 17.8M annual visitors + $350M Grand Strand Health infrastructure expansion driving sustained rental demand.

Public Transportation

AirportDriveWalkDistance
Myrtle Beach International 10 min - 3.9 mi
Carson Ford 843-952-2265 Marcus & Millichap
Carson Ford 843-952-2265 Marcus & Millichap