Little River, Go to [url removed] to custom search and view
Little River, SC
Go to www.SFRhub.com to custom search and view additional info!Located in the North Myrtle Beach area of Little River, South Carolina, Hidden Cove offers an investor the opportunity to acquire 48 new single-family rental homes. This Build for Rent community is being developed by an experienced local developer and being built by a very experienced and capable local builder. The 1st phase of twelve homes is expected to start in October 2018 and be completed by February 2019. The remaining 3 phases are anticipated to be finished approx every 2 mnths unless a quicker timeline is desired. The community is in the path of growth of the 2nd fastest growing metro area in the county. It is also close to 60 mis of uninterrupted beaches known as the Grand Strand. Myrtle Beach has been the 2nd fastest growing metro area for the last 3yrs. Some of the primary drivers of this growth are lower home prices than other regional coastal areas and the steady influx of tourists who become residents. The area attracts approx eighteen million visitors every year to enjoy the beaches, weather, golf, and family attractions. All of the visitors, influx of workers, and people moving to the area has created a tight housing market in both the for sale and for rent markets. This has created an opportunity for an investor to rent this group of homes for top dollar. Hidden Cove offers six-floor plans, ranging in size from 1,329 to 1,717 sq. feet. The homes offer a mix of three and four beds and 2 or three baths. The community is minutes from Myrtle Beach and all the amenities it has to offer, and because the community is located near major arterial roads, it will be easy for residents to access anywhere in the area and beyond. Being a Build for Rent project, capital expenditures will be minimal for several years, allowing increased returns.
Property For Rent
1,717 sq. ft.