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    Six Unit Townhome Rental Investment Sale – Calabash NC

    1008 Beach Drive Southwest, Calabash, NC, USA

    Property Type: Multifamily

    Property Size: Building/Unit

    Property Description

    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.

    1008 Beach Drive Southwest, Calabash, NC, USA