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Bella Croft Town homes are located in the coastal town of Calabash North Carolina. These six units are all currently rented. There are several Month to Month tenants and a Long term Renter in place, to be clear the leases that are month to month have all been tenants for longer than a year, the lease’s just year to date, haven’t been renewed at this time. The tenants do want to remain in place. That means there is upside potential to increase a rental rate to market rentals.
About the Property:
Building A – 3692 Sf +/-
A-1 is 1080 sf +/- 3bd/2ba
A-2 is 1462 sf +/- 2bd/2ba
A-3 is 1148 sf +/- 2bd/2ba
Building B – 3927 Sf +/-
B-1 is 1148 sf +/- 2bd/2ba
B-2 is 1631 sf +/- 3bd/2.5ba
B-3 is 1148 sf +/- 2bd/2ba
Projected NOI is $44,765.00
This property offers opportunities for long term stable rental income or flexibility for an investor to convert to Air BnB, raise rental rates or maintain the current cashflow.
This location is situated 10 minutes north of Little River SC and 45 minutes North of Myrtle Beach. Sunset Beach is 10 minutes to the East.
Located near The Pearl Golf Course and The Thistle Golf Course two award winning courses. Its proximity to employment as well as enjoyment makes these units in a prime and desirable area for the current tenants or new tenants.
Calabash Town Center Outparcel’s are the last few parcels for development in front of the Tides (an apartment Community) backing up to the Thistle Golf Course in Calabash. Sitting at the intersection of Old Georgetown and Clairady Rds these parcels are prominently featured and ready for development. Calabash is the inland town from Sunset beach an is situated minutes to the South Carolina Border. . Town of Calabash continues to grow as development from Myrtle Beach continues to inch northward. Multiple Outparcels available from 0.76 to 4.39 acres backed by the Tides at Calabash Apartment Homes.
Multiple points of ingress/egress to interior drive aisles. Hard Corner available at full access intersection. Water/Sewer available to the parcels as well s Stomp’s water ponds. Access roads are in as well along the rear of the parcels. connection roads are in but not fully connected to the highway.
There are a total of eight out parcels at Calabash Town Centre