Welcome to The Patricia Grand Resort, a high-performing, oceanfront destination in Myrtle Beach, South Carolina—perfectly suited for first-time investors, seasoned property owners, retirement account holders, and small business owners looking to transition into passive real estate income. This comprehensive guide will walk you through everything you need to know about investing in one-bedroom units at this resort, from projected rental income and appreciation potential to tax benefits, remodeling tips, and smart strategies to scale your portfolio.

 

Why The Patricia Grand Is a Smart Investment

  • Oceanfront Location: Right in the heart of Myrtle Beach, with top-notch amenities and unbeatable beach access.

  • Proven Appreciation: From $92,828 in 2015 to $220,875 in 2025, one-bedroom units have appreciated over $128,000—that's $12,850 per year.

  • Solid Rental Income: Gross rental income up to $40,643/year. With the right strategy, you could hit $72,000+/year.

  • HOA Benefits: Includes utilities, internet, pest control, property insurance, and resort amenities that drive tourist demand.

Who This Investment Is For

First-Time Investors: Start small with a one-bedroom unit in a reputable resort. Learn the business while still generating up to $17,000/year profit with a cash purchase or 9% cash-on-cash return.

401(k)/Retirement Investors: Use a non-recourse 401(k) loan or self-directed IRA to purchase a unit. Maintain IRS compliance while turning idle funds into cash-flowing assets.

Small Business Owners: Transition from active business management into passive real estate income. Oceanfront condos are a turnkey path to financial freedom.

Key Investment Metrics: Real Numbers

Cash Purchase Example – Unit 402

  • Purchase Price: $199,343

  • GRI (2023): $40,643

  • Net Profit: $17,384/year

  • Cash-on-Cash Return: 9%

Financed Purchase (25% Down)

  • Down Payment: $49,836

  • Net Profit: $3,985/year

  • Cash-on-Cash Return: 8%

Note: Top-performing one-bedrooms in Myrtle Beach have generated over $70,000/year. With smart management and a remodel, you can outperform the average.

Tax and Depreciation Benefits

  • Standard Depreciation: $7,249/year over 27.5 years

  • Cost Segregation Study: For high-income earners, allows accelerated depreciation up to $30,000+/year.

Remodel Strategy: Boost Your Income

Buy a dated unit, invest $30K–$50K into remodeling, and increase your rental income by $30K+ annually. Most remodel investments pay for themselves within 1–2 years.

Investor Example: One buyer remodeled her unit and increased income from $104,000 to $140,000 in 12 months.

On-Site Amenities That Drive Demand

  • Indoor & outdoor pools, hot tubs, lazy river

  • Direct beach access with hammocks and bar on site

  • Starbucks in lobby, gift shops, arcade, and convenience store

On-Site vs. Off-Site Property Management

Self-manage using tools like PriceLabs and Hostaway. You keep 100% control and profit, unlike off-site managers who may take 20–60% of your earnings. Many successful investors manage remotely using a smartphone and cleaning service calendar sync.

Investor Highlight: Matt Freeze owns 11 units, manages remotely while running his mortgage brokerage full-time.

401(k) Investing & 1031 Exchange Strategies

Non-Recourse 401(k) Loans

  • Allows your retirement account—not you—to buy the property.

  • Limits personal liability while enabling tax-deferred portfolio growth.

1031 Like-Kind Exchange

  • Defer capital gains tax when selling and reinvesting in another like-kind property.

  • Build long-term wealth tax-efficiently with the help of a Qualified Intermediary (ask Brandon).

Top Attractions That Keep Tourists Booking

  • Broadway at the Beach – 4 minutes away

  • Barefoot Landing – 19 minutes away

  • SkyWheel and Boardwalk – 5 minutes away

  • Tanger Outlets, Market Common, Savannah’s Playground – All nearby

  • Over 90 golf courses: Dunes Club, Myrtlewood, World Tour, TopGolf

Concierge Services: Maximize Guest Experience and Income

Offer vacation packages ($500–$1,500) with show tickets, rose petals, dinner reservations, etc. Guests pay for convenience. You coordinate via your cleaner. Upside: $10K–$15K/year in added profit.

Common Investor Concerns: Addressed

  • High HOA Fees? They fund valuable amenities that drive bookings and boost unit value.

  • Appreciation? One-bedrooms appreciated $128K in 10 years—averaging $12,850/year.

  • Short-Term Market Stability? Myrtle Beach is the #1 fastest-growing area in the Southeast, per U.S. News & World Report.

Final Thoughts: Why Patricia Grand Works

  • Low entry point, high appreciation

  • Reliable cash flow with upside potential

  • Strong brand and amenities tourists demand

  • Perfect for first-time investors, retirement accounts, and business owners

Ready to Invest?

Call or Text Brandon Today: 843-360-1737
Let’s get you started on the path to passive income and long-term wealth.

Disclaimer: All information given is meant to be educational. I am only passing on historical information shared with me by owners, rental companies, and various publications. I am not guaranteeing these numbers, nor can I guarantee future rentals or appreciation. This information is not intended to replace your own research, or to provide legal, investment, or financial advice. Please consult an attorney for legal advice.