Sunset East

Pawleys Island, known for its pristine beaches, fine dining, and world-class golf, is one of South Carolina's most well-known vacation destinations of generational notoriety. Investors will appreciate the area's growing demand for short-term rental and vacation properties, with a steady influx of visitors and year-round residents. Sunset East, is located on Blockade Drive, just off of the South Causeway, providing direct access to the beaches of Pawleys Island. Renters and tenants alike have access to groceries, gas, shopping and dining, all within a 5 minute drive of Sunset East as well. Pawleys Island makes up of the Waccamaw Neck, an area that has experienced significant growth, with single family units outpacing multi-famliy units. Investors looking for long term stabilized rents or the tax benefits of short-term and vacation rentals, will find both at Sunset East in Pawleys Island.Sunset East presents a stabilized multifamily investment opportunity with a coastal-modern composition tailored for investors looking for immediate cashflow and development upside. The property provides 6 well-proportioned living spaces, spanning across two buildings; 1 duplex and 1 quad. Recently updated mechanical and building systems deliver dependable performance, allowing owners to focus on management rather than maintenance. The lot configuration could allow for the construction of at least two additional duplex structures (4 total units). This property is not governed by an HOA and is not subject to any short-term rental restrictions. New ownership could continue with the convenience of long term stabilized rents or pivot into a short-term rental structure.