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Property profile & analytics
OFF-MARKET
Estimated value
$1,990,000
Garden apartment buildings
628 Kent Ln Myrtle Beach, SC 29579-3158
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US77-1287861
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1998
Construction
CONCRETE
Total area
11,424 SF
Lot
11.15 ac (485,694 SF)
APN
399-00-00-0391
UPID
US77-1287861
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
$1.29M
CAP Approach
CAP
$1.62M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.99M
Owner & transaction history
Fulton Canterbury LLC · 7 yrs held
Fulton Canterbury LLC
since 2019
5 recorded transactions
Zoning & alternative use
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
$1,290,000
CAP Approach
CAP Return
Estimation
6%
$1,760,000
6.5%
$1,620,000
7%
$1,505,000
Blend value · Realmo final
$1.99M
Range $1.79M – $2.19M · ±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
$174 / 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
$153,370
Tax year 2023
Assessed value
$693,996
Assessed 2023
Effective rate
22.10%
On assessed value
Assessed land
$167,250
Assessed improvement
$526,746
Land market value
$2,787,500
Improvement market value
$8,779,100
Total market value
$11,566,600
Applied tax rate
100.0000
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
1998
Construction
CONCRETE
Heating
SOLAR
Cooling
CENTRAL
Buildings
4
Stories
1
Total area
11,424 SF
Lot
11.15 ac (485,694 SF)
APN
399-00-00-0391
UPID
US77-1287861
Jurisdiction
HORRY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1998
Construction
CONCRETE
Heating
SOLAR
Cooling
Yes
Stories
1
Buildings
4
Lot
11.15 ac
Current owner
From public records · entity-resolved
Fulton Canterbury LLC
Entity
Mailing address
3900 EDISON LKS PKWY, MISHAWAKA, IN 46545-3442
Ownership since
2019
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
Mar 22, 2019
$63,300,000
Fulton Canterbury LLC
Dof IV Canterbury LLC
Grant Deed
$46,950,000 · Berkadia Com'l Mtg
Jun 3, 2014
$38,005,000
Dof IV Canterbury LLC
2007-c2 4636 Canterbury D Csfb
Grant Deed
—
Jul 11, 2013
$46,000,000
Csfb 2007-c2 4636 Canterbury D
Special Referee Of Horry County|bbr Of Canterbury
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Mar 19, 2007
—
Bbr Of Canterbury LLC
Beach Investment Props LLC
Grant Deed
related
—
—
—
Dof IV Canterbury LLC
—
Deed Of Trust
related
$28,900,000 · Private Individual
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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