10 Units, 3 Blocks to the Beach: How This Myrtle Beach Asset Targets $1.4M After-Tax in 5 Years

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The Investment Opportunity You’ve Been Waiting For

If you’ve ever dreamed of owning a short-term rental property that pays you to live the beach lifestyle, this one is hard to ignore.
Right on Kings Highway—one of Myrtle Beach’s busiest commercial corridors—sits a 10-unit apartment complex that blends short-term rental flexibility with the kind of cash flow most investors only talk about.

At $558,000 in annual gross income and a 9% cap rate, this property generates roughly $92,000 a year in passive profit (even with professional management).
Self-manage, and that number jumps to $140,000 per year—that’s $700,000 in cash flow over five years, before even counting appreciation or tax advantages.

Why Myrtle Beach, Why Now

Myrtle Beach is one of the fastest-growing metros in America, with 90,000+ new residents in 2023 alone.
Population growth fuels every sector—retail, office, industrial, and, most importantly, multifamily housing.

Key fundamentals:

• 🏠 Rental Demand: Driven by year-round tourism workers and relocating families.
• ☀️ Tourism Engine: 20–22 million visitors annually, second only to Orlando on the East Coast.
• 💰 High Cap Rates: Typically 7–9%, well above most coastal markets.
• 🛠️ Value-Add Potential: Renovations and modernizations can dramatically increase returns.

This isn’t just about vacation rentals—it’s about building equity in a tourism-anchored economy that performs in both good and challenging markets.

The Numbers That Matter

Purchase Price: $4.5M
Down Payment (25%): $1.125M
Gross Income: $558,159
Operating Expenses: $140,000
Net Operating Income: $418,159
Annual Debt Service: $269,447
Cash Flow (after taxes): $161,985
Cap Rate: 9.3%
Cash-on-Cash Return: 7%

After a 5-year hold, you’re walking away with approximately $1.4 million in after-tax proceeds—and that’s not a projection based on best-case fantasy numbers. It’s modeled using CCIM-certified commercial cash-flow analysis.

Inside the Property

Just three blocks from the beach, this complex features:

• 10 spacious 4-bedroom, 3-bath units
• Modern kitchens, granite counters, in-unit washer/dryers
• Stylish flooring, flat-screen TVs, and open living spaces
• Private patios and storage for long-term guests
• Parking, landscaping, and low maintenance costs

Each unit is designed for maximum versatility—ideal for traveling nurses, executives, or Airbnb guests looking for family-sized accommodations just minutes from the oceanfront.

The Tax and Depreciation Advantage

A $4.5M acquisition with 79% allocated to improvements yields a depreciable basis of $3.6M—meaning roughly $646,000 in total depreciation over 5 years.
That’s $125,000+ per year you can deduct, significantly reducing taxable income while cash keeps flowing into your account.

Add in interest write-offs and amortized loan fees, and you’ve got one of the most tax-efficient investments available to high-income earners.

The Exit Strategy: $1.4 Million Profit

By year five, with a conservative 2% annual rent escalation, the property’s value increases to about $5.1M.
After brokerage fees, taxes, and depreciation recapture, your after-tax proceeds land around $1.43M.

That’s on top of:

• $460,000+ in cumulative profits (managed scenario)
• $700,000+ in profits (self-managed scenario)
• Significant equity built by tenants and tourists alike

In total: $1.4M–$2.1M of wealth creation in five years from one property.

Why Smart Investors Are Moving Into Commercial Real Estate

Unlike single-family rentals, multifamily and mixed-use commercial assets allow for:

• Multiple income streams (short-term + long-term)
• Economies of scale that reduce risk
• Professionalized operations with scalable management
• Tax advantages unmatched by traditional investments

Myrtle Beach’s growth trajectory makes it a national hotspot for these opportunities.

Final Thoughts

This deal proves what’s possible when you combine data-driven analysis with boots-on-the-ground expertise.
Whether you’re an experienced investor or exploring your first commercial purchase, education + execution equals exponential results.

Call, Text, or Email Me Now.

If you’re serious about investing in Myrtle Beach commercial real estate—short-term rentals, oceanfront condos, or multifamily properties—reach out today.

🌐 Website: www.OceanfrontCommercialGroup.com