11949 Grandhaven Dr., Murrells Inlet

$9,000,000

0 Bed
0 Bath
34,476 Sqft
0 Acre
0 Garage

Rarely does a coastal senior housing opportunity of this caliber come to market. Garden Manor Village is a 39-unit senior independent living community nestled in the heart of Murrells Inlet — the Grand Strand's most coveted waterfront village — just five minutes from Garden City Beach and fifteen minutes south of Myrtle Beach. This established, income-producing community offers residents an all-inclusive lifestyle that sets it apart from conventional senior housing: monthly rent covers all utilities, a daily mid-day meal, weekly housekeeping, and a full schedule of social activities. Apartment homes are available in one-bedroom, one-and-a-half-bedroom, and two-bedroom floor plans ranging from 575 to 992 square feet, all featuring full kitchens and in-unit washers and dryers. The property is pet-friendly with no security deposit required — a combination that drives consistent leasing demand in the senior demographic. The investment thesis here is straightforward: a high-quality, amenity-rich asset in one of the Southeast's fastest-growing retirement corridors, operating below stabilized occupancy, with architectural plans already completed for a 16-unit expansion. The value-add story is occupancy-driven, not renovation-dependent. Murrells Inlet offers everything today's active senior demands — waterfront dining along the Marshwalk, world-class golf, Atlantic beaches, and immediate proximity to Grand Strand Medical Center and Tidelands Health. Horry County consistently ranks among the top counties in the nation for 65+ population growth, and South Carolina's tax-favorable environment for retirees continues to fuel in-migration from the Northeast and Midwest. Whether you are an experienced senior housing operator, a private equity group seeking a coastal value-add play, or a private investor looking to diversify into the recession-resilient senior living sector, Garden Manor Village warrants a serious look. Call the listing agent for financials, tour scheduling, and offering memorandum.

Essential Information
MLS® #2607484
Price$9,000,000
Bathrooms0.00
Square Footage34,476
Year Built2002
TypeResidential
Sub-TypeApartment
StatusActive
Community Information
Address11949 Grandhaven Dr.
SubdivisionNot within a Subdivision
CityMurrells Inlet
CountyHorry
StateSC
Zip Code29576
Area

27B Murrells Inlet - Horry County

Amenities
AmenitiesClubhouse, Pet Restrictions
ParkingAssigned
Utilities

Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Exterior
ExteriorMasonry
FoundationSlab
Lot Description

Outside City Limits, Rectangular, Rectangular Lot

School Information
ElementarySeaside Elementary School
MiddleSaint James Middle School
HighSaint James High School
Additional Information
Days on Website11
ZoningHC
HOA Fees Freq.Monthly
Listing Details
OfficeKeller Williams The Forturro G
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