Mobile Home Park with
New
For Sale
$1,200,000
10th Ave. N, Myrtle Beach, SC 29577
MULTI-FAMILY, Myrtle Beach, SC
Property Size9,875 SF
Lot Size1.68 Acres
Price / SF$121.52
Days on Market3
Property Features for 10th Ave. N
General Information
Property type
Residential Multi Family
Property subtype
Other
Elementary school
Myrtle Beach Elementary School
Middle school
Myrtle Beach Middle School
High school
Myrtle Beach High School
Subdivision
16F Myrtle Beach Area--10th Ave N to 29th Ave N
Standard status
Active
Size
9,875 SF
Lot size
1.68 Acres
Building Details
Year built
1970
Number of units
8
Listing Agency:
Own Myrtle Real Estate
(516) 233-0601
Listed By:
Ester Esti Simantov
(843) 457-9780
Added: Nov 4
Last Checked: Nov 6 at 4:06AM
MLS# 2626785
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.
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Investment Insights
Based on property information with market context.
Located on 10th Ave. N in Myrtle Beach, this 1.68-acre property includes a mobile home park and two duplexes. The property was built in 1970.
The existing residential components are situated on one site. Redevelopment as a multifamily project may be possible, subject to zoning, density requirements, and city approvals.
The existing residential components are situated on one site. Redevelopment as a multifamily project may be possible, subject to zoning, density requirements, and city approvals.
Key Highlights
- 1.68‑acre site in Myrtle Beach
- Includes a mobile home park and two duplexes
- Built in 1970
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,867
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,017,340
$2.0M
Cap Rate 7%
$1,440,957
$1.4M
Cap Rate 9%
$1,120,744
$1.1M
Market Conditions
NOI Build-Up for 9,875 SF
Gross rent
$151.7K $15.36/SF
− Vacancy
−$7.6K −$0.77/SF
EGI
$144.1K $14.59/SF
− OpEx
−$43.2K −$4.38/SF
NOI
$100.9K $10.21/SF
Area
Horry County, SC
Vacancy
5.00%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,017,340
Cap Rate 7%
$1,440,957
Cap Rate 9%
$1,120,744
Alternative Uses
Best Use
Multifamily LT 5
$1.44M
$1.26M – $1.68M
NOI $100,867 @ 7.0% cap · market cap 8.41%
Second Best
Apartment 5plus
$1.30M
$1.14M – $1.52M
NOI $91,159 @ 7.0% cap · market cap 7.60%
Theoretical Best
Office A
$2.50M
$2.19M – $2.92M
NOI $175,190 @ 7.0% cap · market cap 14.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
979
Businesses Nearby
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Business Placement
Demographics for 29577, SC
34,109
Population
22,630
Households
1.5
Avg Household Size
48
Median Age
30%
College-Educated
91%
High-School Grad
22.8 sq mi
ZIP Area
1,496
Density / Sq Mi
$48,561
Median Household Income
$33,591
Median Earnings
$1,130
Median Rent
$273,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - The 1.68-acre property combines an established mobile home park with two duplexes.
Where is this mobile home & rv park located?
The property is located at 10th Ave. N Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 1.68‑acre site in Myrtle Beach; Includes a mobile home park and two duplexes; Built in 1970
