Magnolia Lane Apartments
1512 Hicks Circle
Conway, SC 29526
(843) 222-8776
John Edwards

Photo Magnolia Lane Apartments

For Sale Active   Type: Multifamily Mid/High-Rise No. Units: 48 Building Size: 53,000 SF Lot Size: 4.70 Acres Occupancy: 90.00% Price: $4,750,000 Price/Unit: $98,958 Year Built: 2000 Property ID: 16191063

Property Description:
Magnolia Lane is a 48-unit off-campus student housing community of 2br/2ba units near Myrtle Beach, SC. Each unit includes full size washer dryer, microwave, walkin closets, balcony or patio. The property includes a pool and surplus land with permits and plans for 39 units and leasing office.

Location Description:
Next to Coastal Carolina University (enrollment 8,500) outside Myrtle Beach. Visible from US Hwy 501 (65,000+ cars/day) and close to heavy commercial development.

No. stories:  3

•Off-Campus Student Housing.          •Includes, Land, Permits, and Plans for Phase II.  
•Non-recourse Financing.                   •High Occupancy.

2br/2ba

No. Units: 48
SF: 1,104
Avg. Mo. Rent: $975