1850 Pitch Landing Rd. Conway, SC 29527
MULTI_FAMILY - Conway, SC
Property Features for 1850 Pitch Landing Rd.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Garage
- Standard status
- Active
- Size
- 4,176 SF
- Lot size
- 5.00 Acres
Building Details
- Year built
- 2005
- Number of units
- 2
Listing agent Asbury Coastal Group (540) 239-2436
Listing office CB Sea Coast Advantage CF MYRTLE BEACH, SC (843) 903-4400
Listing date Feb 16, 2026
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.
The sellers note that both plots may be combined into one during escrow for a single closing if financing requires it. For qualified buyers, the sellers may also be open to holding a note for 1848 Pitch Landing for a short time to allow flexibility for an initial purchase of 1850 Pitch Landing.
At 1850 Pitch Landing, the property is listed as 5 acres, with 1850 Pitch Landing located 3 miles to the Waccamaw River and about 5 miles to downtown Conway. The guest house is described as having 2 bedrooms and 2 bathrooms, with over 1,200 square feet of space.
Key Highlights
- 5 acres with multiple homesites, including a main farmhouse plus a stand‑alone guest house
- Main farmhouse built in 2005 with nearly 3,000 sqft, 3 bedrooms, and a first‑floor primary with en‑suite plus office
- In‑ground swimming pool with covered area, located in a fully fenced pool area
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 | $73.2k | $17.52 |
| − Vacancy | −$3.1k | −$0.74 |
| EGI | $70.1k | $16.78 |
| − OpEx | −$31.5k | −$7.55 |
| NOI | $38.5k | $9.23 |
