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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Garden apartment buildings
6203 Blynn Dr 1 Myrtle Beach, SC 29572-3242
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US77-1750860
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1984
Construction
CONCRETE
Total area
6,076 SF
Lot
1.29 ac (56,192 SF)
Zoning code
RM2
APN
421-07-02-0001
UPID
US77-1750860
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
$510k
CAP Approach
CAP
$865k
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$825k
Owner & transaction history
Blynnwood Gardens LLC · 5 yrs held
Blynnwood Gardens LLC
since 2020
5 recorded transactions
Zoning & alternative use
RM2 · 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 Myrtle Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
$510,000
CAP Approach
CAP Return
Estimation
6%
$935,000
6.5%
$865,000
7%
$800,000
Blend value · Realmo final
$825k
Range $743k – $908k · ±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
$136 / 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
$22,116
Tax year 2023
Assessed value
$80,952
Assessed 2023
Effective rate
27.32%
On assessed value
Assessed land
$27,090
Assessed improvement
$53,862
Land market value
$451,500
Improvement market value
$1,276,800
Total market value
$1,728,300
Applied tax rate
880.0000
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
1984
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Buildings
2
Total area
6,076 SF
Lot
1.29 ac (56,192 SF)
Zoning code
RM2
APN
421-07-02-0001
UPID
US77-1750860
Jurisdiction
HORRY
Zoning & alternative use
RM2 · Myrtle Beach, SC
Zoning RM2 · permitted uses
RM2 · Myrtle Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Myrtle Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Buildings
2
Lot
1.29 ac
Current owner
From public records · entity-resolved
Blynnwood Gardens LLC
Entity
Mailing address
6200 FRONTAGE RD, MYRTLE BEACH, SC 29572-3400
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2020
—
Blynnwood Gardens LLC
—
Deed
related
$675,000 · First Palmetto Bk
—
—
Blynnwood Gardens LLC
—
Deed Of Trust
related
$1,225,000 · Palmetto Heritage Bk&tr
—
—
Blynnwood Gardens LLC
—
Deed Of Trust
related
$1,135,000 · Branch Bk&tr
—
—
Blynnwood Gardens LLC
—
Deed Of Trust
related
$1,275,000 · Imperial Cap Bk
—
—
Blynnwood Gardens LLC
—
Deed Of Trust
related
$675,000 · First Palmetto Bk
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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