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    Seven-Building Townhome Portfolio

    4601 Lomax Ct. Murrells Inlet, SC 29576

    4601 Lomax Ct., Murrells Inlet, SC, 29576
    $5,598,000
    For Sale
    Claim this Listing
    $5,598,000

    COMMERCIAL - Murrells Inlet, SC

    Property Size34,720 SF
    Lot Size1.00 Acre
    Price / SF$161.23
    AddedApr 15
    Days on Market92
    Last RefreshJul 15 at 8:06 am

    Property Features for 4601 Lomax Ct.

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    MF
    Standard status
    Active
    Size
    34,720 SF
    Lot size
    1.00 Acre

    Building Details

    Number of units
    28

    Listing agent Jimmy Smith

    Listing office James W Smith Real Estate Co Pawleys Isalnd, SC

    Listing date Apr 15, 2026

    MLS# 2609722

    Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Investment Insights

    Based on property information with market context.

    A seven-building multifamily townhome portfolio is offered for sale at Wachesaw Place in Murrells Inlet, South Carolina. The property consists of 28 multi-unit townhomes, each described as having spacious layouts and private screened porches.

    Residents also have access to a quiet community pool. The buildings are situated on a single lot in Georgetown County, zoned MF.

    The offering presents a consolidated structure for ownership of multiple townhome buildings within one portfolio address at 4601 Lomax Ct. in Murrells Inlet (29576).

    Key Highlights

    • Portfolio at Wachesaw Place in Murrells Inlet: 7 buildings with 28 multi‑unit townhomes
    • Townhomes feature spacious layouts and private screened porches
    • Residents have access to a quiet community pool

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $608.3k $17.52
    − Vacancy −$25.5k −$0.74
    EGI $582.7k $16.78
    − OpEx −$262.2k −$7.55
    NOI $320.5k $9.23
    34,720 SF · lease $17.52/SF/yr · vacancy 4.20% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $4.58M
    $4.01M – $5.34M (±1% cap)
    NOI $320,510 @ 7.0% cap · market cap 5.73%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $8.80M
    $7.70M – $10.27M (±1% cap)
    NOI $615,961 @ 7.0% cap · market cap 11.00%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Parking Lot & Garage Pharmacy Bakery (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Accounting Firm Grocery & Convenience Store Carpet & Flooring Store Daycare Center Home Appliance Store

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Apartment building - For sale MF-zoned portfolio at Wachesaw Place with seven buildings and 28 multi-unit townhomes.
    Where is this apartment building located?
    The property is located at 4601 Lomax Ct. Murrells Inlet, SC.
    What is the asking price?
    The asking price for this property is $5,598,000.
    What are key features of this property?
    This property features: Portfolio at Wachesaw Place in Murrells Inlet: 7 buildings with 28 multi‑unit townhomes; Townhomes feature spacious layouts and private screened porches; Residents have access to a quiet community pool
    Contact an agent
    (843) 241-8510
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    Jimmy Smith
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