# 11949 Grandhaven Dr., Murrells Inlet, SC 29576

> **TL;DR:** multi-family, $9,000,000 ($261/sqft), built 2002, 34,476 sqft. Est. $39,000/mo. Listed 70 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $9,000,000 |
| Price/sqft | $261 |
| Square Feet | 34,476 |
| Year Built | 2002 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 70 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $39,000 |
| **Total** | **$39,000** |

## Nearby Schools

- **Elementary:** Seaside Elementary School
- **Middle:** Saint James Middle School
- **High:** Saint James High School

## Property Highlights

- Built in 2002

## Description

### Agent 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 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.

## Location

- **Address:** 11949 Grandhaven Dr., Murrells Inlet, SC 29576
- **County:** Horry
- **Coordinates:** 33.585373, -79.024185
- **Google Maps:** https://www.google.com/maps?q=33.585373,-79.024185

## Listing Agent

- **Name:** Jeff Forman
- **Brokerage:** Keller Williams The Forturro Group
- **Phone:** 8439024325
- **Email:** jeff@forturro.com

## Primary Photo

![11949 Grandhaven Dr. - Primary Photo](http://lh.rdcpix.com/b8d3a77b8f118a4625ea78ffbe766bdel-f1980940965r.jpg)

*68 total photos available on [listing page](https://www.propertysimple.com/listing/11949-grandhaven-dr-murrells-inlet-sc-29576-2607484)*

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**MLS#:** 2607484 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/11949-grandhaven-dr-murrells-inlet-sc-29576-2607484)

---

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