Rarely does a coastal senior housing opportunity of this caliber

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Commercial For Sale

11949 Grandhaven Dr.

Murrells Inlet, South Carolina 29576

Horry County

Community: 

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$9,000,000 0 br, 0.0 bath 34479 sq. ft. 0.000 acres

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 fromGarden 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.

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 34479
  • Year Built: 0
  • Utilities: 
  • Fireplaces: 
  • Stories: 1
  • Heat/AC: Central
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Brick, Brick Veneer
  • Roof: 
  • MLS #: 2607488
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Contact Information:
Beach Commercial For Sale in Murrells Inlet, South Carolina
Listing Agent: Jeff Forman, Keller Williams Myrtle Beach, 843-443-9400, 843-443-9400 Listing Site, Listing Status: Active
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.
Ad Number: 7458288
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Updated: Mar 23, 2026

This property is a Commercial located at 11949 Grandhaven Dr., Murrells Inlet, South Carolina 29576, and is currently For Sale at $9,000,000. This Commercial has 0 bedrooms, 0.0 baths, 34479 sq ft.