Technical
Financial
Distress signals
Property profile

Farrow Pkwy Myrtle Beach, SC 29588

OFF-MARKET
Garden apartment buildings
Property ID
US77-2507719
22,317 SF 18.78 ac lot Built 2016
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 2016
Construction CONCRETE
Total area 22,317 SF
Lot 18.78 ac (818,057 SF)
APN 441-00-00-0570
UPID US77-2507719

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Farrow Pkwy Myrtle Beach, SC 29588
Myrtle Beach metro MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$13.40M
Blend (final) Blend
$1.63M

Owner & transaction history

since 2019
4 recorded transactions
2022
Price N/A
2019
$19.6M
2018
Price N/A
2017
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $11.5M +17.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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