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42-Unit Apartment Community with Lake
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300 Shalom Dr, Myrtle Beach, SC 29588

Townhome-style residences span multiple buildings and include recreational amenities plus monitored security.

Property SizeContact for details
Days on Market144

Property Features for 300 Shalom Dr

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 8 x 1BR, 28 x 2BR, 6 x 3BR
Multifamily Units 42

Amenities

lake
private dock
pool
pool building
basketball court
mailbox station
monitored surveillance system

Building Details

Buildings 9
Listing Agency: Esti Simantov
Listed By: Esti Simantov · License #SC 75252575
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 12:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Esti Simantov

Investment Insights

Based on property information with market context.

This apartment community contains 42 townhomes distributed among nine separate buildings. The unit mix includes 8 one-bedroom, 28 two-bedroom, and 6 three-bedroom residences. Most units underwent complete renovations within the last 24 months. The grounds extend across just over three acres and include a lake, private dock, swimming pool, pool building, basketball court, and mailbox station. A monitored surveillance system is in place, and a local management company is already established.

The property is located at 300 Shalom Dr in Myrtle Beach, South Carolina, and is identified as outside a flood zone; it has never flooded. The offering combines varied residential layouts with on-site amenities and recent unit improvements.

Key Highlights

  • 42 townhomes in nine separate buildings
  • Unit mix: 8 one‑bedroom, 28 two‑bedroom, and 6 three‑bedroom units
  • Most units completely renovated within the last 24 months

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

42
Residential units

Location Intelligence

Trade Area within ½ mile

328
Businesses Nearby

Demographics for 29588, SC

48,113
Population
22,223
Households
2.2
Avg Household Size
45
Median Age
26%
College-Educated
92%
High-School Grad
42.0 sq mi
ZIP Area
1,146
Density / Sq Mi
$66,854
Median Household Income
$34,518
Median Earnings
$1,220
Median Rent
$241,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Townhome-style residences span multiple buildings and include recreational amenities plus monitored security.
Where is this apartment building located?
The property is located at 300 Shalom Dr Myrtle Beach, SC.
What are key features of this property?
This property features: 42 townhomes in nine separate buildings; Unit mix: 8 one‑bedroom, 28 two‑bedroom, and 6 three‑bedroom units; Most units completely renovated within the last 24 months
More about this property
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