403 6th Ave. S, Myrtle Beach

$1,299,900

0 Bed
0 Bath
6,248 Sqft
0 Acre
0 Garage

Introducing the Atlantic Holiday Motel, a rare 21-unit apartment building located just steps from the beach with outstanding income potential. This ocean-view property offers both short-term and long-term rental flexibility, making it an ideal investment opportunity. The building features efficiency apartments, appealing to a wide range of tenants and guests. Each unit is equipped with a kitchenette and a private balcony, enhancing comfort and rental appeal. Individual heating and cooling systems in every unit allow for efficient, tenant-controlled climate management. An on-site office with an attached one-bedroom apartment provides an excellent option for live-in management or additional rental income. Coin-operated laundry facilities are conveniently located on the ground level for tenant use. The property also includes ample storage rooms and a dedicated utility room, adding to operational efficiency. Guests and residents can enjoy the community pool, a highly desirable amenity in this beachside setting. With a current gross rental income of approximately 226,800 annually, (setup as long term rentals), this property offers immediate cash flow. Its prime location delivers ocean views and places it seconds from the beach and local attractions. Shopping, dining, and entertainment options are all nearby, further increasing demand and occupancy potential. The Atlantic Holiday Motel has a strong history of rentals and consistent performance. This is a turnkey opportunity for investors seeking a proven asset in a high-demand coastal market. Don't miss this exceptional chance to own a beachside income property--schedule your private showing today.

Essential Information
MLS® #2529615
Price$1,299,900
Bathrooms0.00
Square Footage6,248
Acres0.00
Year Built1960
TypeResidential
Sub-TypeApartment
StatusActive
Community Information
Address403 6th Ave. S
SubdivisionNot within a Subdivision
CityMyrtle Beach
CountyHorry
StateSC
Zip Code29577
Area

16G Myrtle Beach Area--Southern Limit to 10TH Ave N

Amenities
ParkingOther
ViewOcean
Has PoolYes
PoolCommunity, Association
Amenities

Owner Allowed Motorcycle, Pet Restrictions, Laundry, Pool, Tenant Allowed Motorcycle

Utilities

Electricity Available, Sewer Available, Water Available

Exterior
FoundationSlab
Lot Description

City Lot, Rectangular, Rectangular Lot

School Information
ElementaryMyrtle Beach Elementary School
MiddleMyrtle Beach Middle School
HighMyrtle Beach High School
Additional Information
Days on Website1
ZoningMU-H
Listing Details
OfficeCentury 21 The Harrelson Group
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