Marcus & Millichap Sells Chicora Apartments Multifamily Community In Myrtle Beach For $3.6M

The property involved in the transaction is a multifamily community located at 501 38th Avenue South, North Myrtle Beach, SC. The asset was sold for $3,600,000 and encompasses a total of 31,000 square feet, resulting in a price per square foot of $116.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,600,000
• Address: 501 38th Avenue South
• Market: North Myrtle Beach, SC
• Square Footage: 31,000
• Price per Square Foot: $116

The sale was facilitated by Marcus & Millichap, with Will Graves Jr., Ryan Lipomi, and Carson Ford representing the seller throughout the transaction.