MYRTLE BEACH, S.C., April 21, 2026– Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Chicora Apartments, a 34-unit multifamily community in Myrtle Beach, South Carolina. The asset traded for $3,629,000.

Discover the Benefits of Chicora Apartments

“This property provides an ideal value-add opportunity in a prime location of Myrtle Beach,” said Will Graves Jr., senior director investments. “Our team created a competitive marketing process to achieve multiple offers with non-refundable money on day one.”

Will Graves Jr., Ryan Lipomi and Carson Ford of Marcus & Millichap represented the private seller.

Built in 1963, the property is located at 501 38th Ave. North on a 1.89-acre lot. The community totals approximately 31,000 rentable square feet and includes one-, two- and three-bedroom apartments with an average unit size of 912 square feet.

Chicora Apartments are positioned near Myrtle Beach’s primary retail and employment hubs, with access to major healthcare providers and tourism-related demand drivers.