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11949 Grandhaven Dr, Murrells Inlet, SC 29576
11949 Grandhaven Dr, Murrells Inlet, SC 29576 3D Tour
11949 Grandhaven Dr, Murrells Inlet, SC 29576 Explore 3D Tour
11949 Grandhaven Dr, Murrells Inlet, SC 29576
11949 Grandhaven Dr, Murrells Inlet, SC 29576
11949 Grandhaven Dr, Murrells Inlet, SC 29576
11949 Grandhaven Dr, Murrells Inlet, SC 29576

11949 Grandhaven Dr Murrells Inlet, SC 29576

$9,000,000

ACTIVE
Beds
Baths
0
Sqft
34,479
Acres
Year
2002
Days on Site
15
Property Type
Residential
Sub Type
Apartment
Per Square Foot
$261
Date Listed
Mar 23, 2026

Description of 11949 Grandhaven Dr, Murrells Inlet, SC 29576

Listing details for 11949 Grandhaven Dr, Murrells Inlet, SC 29576 : 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 Strand's 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 Southeast's 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 today's 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 Carolina's 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.
Listing Updated : 03-27-2026 at 12:42 AM EDT
Source

CCAR MLS, MLS#: 2607484

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