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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Garden apartment buildings
1704 Hillside S Dr North Myrtle Beach, SC 29582-7403
Entity Owned
4-yr Hold
Free & Clear
Property ID
US77-1667052
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1942
Total area
3,344 SF
Lot
0.25 ac (10,890 SF)
Zoning code
R2
APN
357-15-02-0211
UPID
US77-1667052
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$515k
CAP Approach
CAP
$475k
Comparable Approach
Comparable
$680k
Blend (final)
Blend
$555k
Owner & transaction history
Mb Apts 1a LLC · 4 yrs held
Mb Apts 1a LLC
since 2022
4 recorded transactions
Zoning & alternative use
R2 · North Myrtle Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs North Myrtle Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Myrtle Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$515,000
CAP Approach
CAP Return
Estimation
6%
$515,000
6.5%
$475,000
7%
$440,000
Blend value · Realmo final
$555k
Range $500k – $611k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$166 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$7,911
Tax year 2023
Assessed value
$24,331
Assessed 2023
Previous assessed
$24,331
+0.0% YoY
Effective rate
32.51%
On assessed value
Assessed land
$9,025
Assessed improvement
$15,306
Land market value
$150,420
Improvement market value
$255,100
Total market value
$405,520
Applied tax rate
550.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1942
Heating
NONE
Buildings
2
Total area
3,344 SF
Lot
0.25 ac (10,890 SF)
Zoning code
R2
APN
357-15-02-0211
UPID
US77-1667052
Jurisdiction
HORRY
Zoning & alternative use
R2 · North Myrtle Beach, SC
Zoning R2 · permitted uses
R2 · North Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Myrtle Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1942
Heating
NONE
Buildings
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Mb Apts 1a LLC
Entity
Free & Clear · 4 yrs held
Mailing address
85 BROAD ST FL #17, NEW YORK, NY 10004-2783
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2022
—
Mb Apts 1a LLC
Nmb Apartments LLC
Warranty Deed
—
Mar 3, 2021
—
Nmb Apartments LLC
Atlantic Property Solutions South I
Warranty Deed
—
Mar 3, 2021
$577,328
Nmb Apartments LLC
Atlantic Property Solutions South I
Warranty Deed
—
Dec 14, 2018
$421,000
Atlantic Prop Solutions S INC
Eric B Nail
Warranty Deed
$336,800 · Conventus LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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