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Ocean Surf Club & The Little Crane Motel 2 Multifamily Properties Offered at $4,750,000 in North Myrtle Beach, SC

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Investment Highlights

  • Proven Operating Performance
  • Coastal Walkable Location
  • Multi-building coastal investment property
  • Renovated Expansion
  • Resort Commercial Zoning
  • Recent Capital Improvements

Executive Summary

Two Building Coastal Income Property | 24 Units | 15,200 SF | $***K+ Proven Revenue | Expansion Stabilizing
*Full Offering Memorandum with financials available upon request*
This offering presents a rare opportunity to acquire a single parcel investment property with two income producing buildings in North Myrtle Beach, SC. The property consists of approximately 15,200 square feet across two buildings, zoned Resort Commercial, and located within walking distance to the ocean.
The Ocean Surf Club (built 2002) has demonstrated strong operating history with gross revenues of approximately $***,000 in 2024 and $***,000 in 2025, averaging roughly $***,000 annually. The property features a new roof and boiler and has been operated through Myrtle Beach Tours with additional exposure via VRBO.
The recently acquired and renovated adjacent building (Little Crane) expands the total rentable footprint and provides immediate revenue growth potential as it stabilizes under unified operations.
Investment Highlights:
• 15,200 SF across two coastal parcels
• Proven $***K+ historical gross revenue (208 building)
• Renovated expansion building increasing income potential
• Resort Commercial zoning
• Parking and elevated deck amenities
• Strong seasonal tourism demand
• Optional leaseback structure available
This asset offers investors a compelling blend of in-place yield and growth upside in one of the Southeast’s most active coastal rental markets.
Full Offering Memorandum available upon request.

Data Room Click Here to Access

Property Facts

Price $4,750,000
Price / SF $209.78 / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 22,643 SF
Total Land Area 0.33 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
210 2nd Ave S, North Myrtle Beach, SC 29582 Multifamily 17,078 SF 2002 -
209 1st Ave S, North Myrtle Beach, SC 29582 Multifamily 5,565 SF 2025 -
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  • Listing ID: 39639238

  • Date on Market: 3/3/2026

  • Last Updated:

  • Address: Ocean Surf Club & The Little Crane Motel, North Myrtle Beach, SC

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