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Vacation Rental Single-Family Unit
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312 SIXTH AVE N, Myrtle Beach, SC 29577

Newly constructed single-family vacation rental designed to accommodate larger groups comfortably.

Property Size10,408 SF
Price / SF$288.24
Days on Market113

Property Features for 312 SIXTH AVE N

General Information

Standard status Active
Size 10,408 SF
Class A
Total Parking Spaces 12
Property subtype Multifamily, Hospitality
Zoning MU-H

Building Details

Year Built 2026
Buildings 4
Stories 3
Units 4
Listing Agency: BH Capital Advisors LLC
Listed By: Amir Tal · License #SC 134207
Source: Crexi
Added: Jun 17 Changed: Sep 30 Last Checked: Oct 5 at 3:15PM

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 BH Capital Advisors LLC

Investment Insights

Based on property information with market context.

This offering is a new-construction single-family vacation rental presented as a one-of-a-kind unit. The property is described as sleeping up to 16 guests, making it suited for group stays rather than smaller parties.

Located at 312 Sixth Ave N in Myrtle Beach, South Carolina, the property benefits from a residential address setting within the Myrtle Beach area.

For buyers or operators seeking a larger-capacity short-term rental configuration, the stated layout capacity of up to 16 guests is the key attribute. It may be a practical fit for anyone looking for a single-family vacation rental product built for group usage, based on the information provided.

Key Highlights

  • New construction single‑family vacation rental designed to sleep 16
  • Year built: 2026
  • Single‑family vacation rental layout intended for larger groups

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$96,079
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,921,580 $1.9M
Cap Rate 7%
$1,372,557 $1.4M
Cap Rate 9%
$1,067,544 $1.1M
Market Conditions
NOI Build-Up for 10,408 SF
Gross rent
$182.3K $17.52/SF
− Vacancy
−$7.7K −$0.74/SF
EGI
$174.7K $16.78/SF
− OpEx
−$78.6K −$7.55/SF
NOI
$96.1K $9.23/SF
Area
Horry County, SC
Vacancy
4.20%
Lease Rate
$17.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,921,580
Cap Rate 7%
$1,372,557
Cap Rate 9%
$1,067,544

Alternative Uses

Best Use
Apartment 5plus
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $96,079 @ 7.0% cap · market cap 3.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.64M
$2.31M – $3.08M (±1% cap)
NOI $184,646 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Man Up The Strand Hardware & Home Improvement

Suggested Use

Top Pick Electrical Service Skin Care Clinic Garden Center Locksmith Catering Service HVAC Service

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

Location Intelligence

Trade Area within ½ mile

1,366
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Short term rental property - Newly constructed single-family vacation rental designed to accommodate larger groups comfortably.
Where is this short term rental property located?
The property is located at 312 SIXTH AVE N Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: New construction single‑family vacation rental designed to sleep 16; Year built: 2026; Single‑family vacation rental layout intended for larger groups
More about this property
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