11949 Grandhaven Dr. | Murrells Inlet | $9,000,000
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SHOW DETAILS
11949 Grandhaven Dr. Murrells Inlet, SC 29576 $9,000,000
34,476 SQ. FT.

11949 Grandhaven Dr. Murrells Inlet, SC 29576

For SALE ACTIVE
$9,000,000
EST. 22,655.10/MO CALCULATE
34,476 SQ. FT.

Property Description

Rarely does a coastal senior housing opportunity of this caliber come to market. Garden Manor Village is a 39-unit senior independent living community nestled in the heart of Murrells Inlet the Grand Strands most coveted waterfront village just five minutes from Garden City Beach and fifteen minutes south of Myrtle Beach. This established, income-producing community offers residents an all-inclusive lifestyle that sets it apart from conventional senior housing: monthly rent covers all utilities, a daily mid-day meal, weekly housekeeping, and a full schedule of social activities. Apartment homes are available in one-bedroom, one-and-a-half-bedroom, and two-bedroom floor plans ranging from 575 to 992 square feet, all featuring full kitchens and in-unit washers and dryers. The property is pet-friendly with no security deposit required a combination that drives consistent leasing demand in the senior demographic. The investment thesis here is straightforward: a high-quality, amenity-rich asset in one of the Southeasts fastest-growing retirement corridors, operating below stabilized occupancy, with architectural plans already completed for a 16-unit expansion. The value-add story is occupancy-driven, not renovation-dependent. Murrells Inlet offers everything todays active senior demands waterfront dining along the Marshwalk, world-class golf, Atlantic beaches, and immediate proximity to Grand Strand Medical Center and Tidelands Health. Horry County consistently ranks among the top counties in the nation for 65+ population growth, and South Carolinas tax-favorable environment for retirees continues to fuel in-migration from the Northeast and Midwest. Whether you are an experienced senior housing operator, a private equity group seeking a coastal value-add play, or a private investor looking to diversify into the recession-resilient senior living sector, Garden Manor Village warrants a serious look. Call the listing agent for financials, tour scheduling, and offering memorandum.

Property Details

  • MLS ID2607484
  • Property TypeMulti Unit - Multiple
  • Association AmenitiesClubhouse, Pet Restrictions
  • Community FeaturesClubhouse, Long Term Rental Allowed
  • Days on Site8
  • ExteriorMasonry
  • HOA Fee0/ Monthly
  • Lot DescriptionOutside City Limits, Rectangular, Rectangular Lot
  • Lot Dimensions530' x 742' x 244' x 470'
  • Lot Size530' x 742' x 244' x 470'
  • Parcel#46904010019
  • ParkingAssigned
  • Parking NotesAssigned
  • Pets AllowedOwner Only, Yes
  • SecurityFire Alarm, Heat Detector, Smoke Detector(s)
  • Units39
  • UtilitiesCable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • WaterPublic
  • Year Built2002

Listed By / Shown By

Listed By

Agency Name: Keller Williams The Forturro G
Agency Phone: 843-443-9400

CCAR MLS

Shown By

Agency Title: Carolina One Real Estate
Agency Phone: (843) 203-5016

CCAR MLS

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/02/2026. The listing information on this page last changed on 04/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/02/2026 12:03:13 AM EST) or Pee Dee MLS (last updated Wed 04/01/2026 10:44:41 PM EST) or CCAR MLS (last updated Wed 04/01/2026 11:26:52 PM EST) or Columbia SC MLS (last updated Wed 04/01/2026 11:57:58 PM EST) or Charleston Trident MLS (last updated Wed 04/01/2026 11:32:15 PM EST) or SCCMLS (last updated Wed 04/01/2026 11:16:20 PM EST). Real estate listings held by brokerage firms other than Carolina One Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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