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Executive Summary
This 8-unit condo complex with ocean views is located in the heart of Kill Devil Hills between the highways on Third Street. Multiple units have been renovated within the last year. This rental property has historically low vacancy rates and could be used for either long-term or vacation rental. The Pin numbers for each condo are as follows: Unit 101 - 98841047519301; Unit 102 - 98841047519302; Unit 103 - 98841047519303; Unit 104 - 98841047519304; Unit 201 - 98841047519305; Unit 202 - 98841047519306; Unit 203 - 98841047519307; Unit 204 - 98841047519308
All condos to be sold as one and not be sold individually. Rental Income estimates vary from firm to firm and may include money that does not go to the owner, such as cleaning fees, administrative charges or services. Buyers are encouraged to investigate how rates, fees, commissions, regulations and policies apply to specific properties before expiration of the due diligence period. It is the buyer's responsibility to determine and execute a rental management contract that best suits their needs. VRBO, Air BnB and similar rent by owner websites are handled differently. Consult legal counsel regarding rental disbursement. Additionally, the Buyer is advised to check on any short-term rental restrictions.
All condos to be sold as one and not be sold individually. Rental Income estimates vary from firm to firm and may include money that does not go to the owner, such as cleaning fees, administrative charges or services. Buyers are encouraged to investigate how rates, fees, commissions, regulations and policies apply to specific properties before expiration of the due diligence period. It is the buyer's responsibility to determine and execute a rental management contract that best suits their needs. VRBO, Air BnB and similar rent by owner websites are handled differently. Consult legal counsel regarding rental disbursement. Additionally, the Buyer is advised to check on any short-term rental restrictions.
Property Facts
| Price | $2,450,000 | Lot Size | 1.23 AC |
| Price Per SF | $131.21 | Building Size | 18,672 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1984 |
| Building Class | B | ||
| Zoning | RL - Residential Low Density | ||
| Price | $2,450,000 |
| Price Per SF | $131.21 |
| Sale Type | Investment |
| Property Type | Specialty |
| Building Class | B |
| Lot Size | 1.23 AC |
| Building Size | 18,672 SF |
| No. Stories | 2 |
| Year Built | 1984 |
| Zoning | RL - Residential Low Density |
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