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510 S Ocean Blvd - Triplex With Ocean Views Surfside Beach SC! 3 Unit Apartment Building Offered at $1,796,000 at a 9.74% Cap Rate Surfside Beach, SC 29575
INVESTMENT HIGHLIGHTS
- 2nd Row Beachfront Home
- Pool in the backyard
- Ocean Views from the home
- RENTAL MACHINE
- Surfside Beach is a prime area for vacation rentals along the Grand Strand!
- Directly across from public beach access!
EXECUTIVE SUMMARY
Attention investors! Here's an incredible opportunity: a fully furnished 10-bedroom property spanning three levels, each complete with a full kitchen, living area, and washer/dryer. This property is a true rental machine! Each level has its own exterior access, allowing for flexible rental options by level if desired. Rent it as a triplex, a duplex, or all 3 units together! The first and second floor come with 4 bedrooms and 2 bathrooms, the third floor is a 2 bedroom and 2 bath unit!
Situated on a double corner lot at Ocean Blvd and 5th Ave, this "2nd row" property offers both proximity to the ocean and a private pool tucked behind the house. Gorgeous Ocean views from most parts of the building! Covered parking adds convenience and protection from the elements.
Don't miss out on this must-see property! Contact us today to schedule a viewing and explore the potential of this prime investment opportunity.
Situated on a double corner lot at Ocean Blvd and 5th Ave, this "2nd row" property offers both proximity to the ocean and a private pool tucked behind the house. Gorgeous Ocean views from most parts of the building! Covered parking adds convenience and protection from the elements.
Don't miss out on this must-see property! Contact us today to schedule a viewing and explore the potential of this prime investment opportunity.
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Ceiling Fans
- Double Vanities
- Kitchen
- High Speed Internet Access
- Refrigerator
- Range
- Tub/Shower
- Views
- Breakfast Nook
- Deck
- Family Room
- Lawn
- Smoke Free
SITE AMENITIES
- Fenced Lot
- Pool
- Grill
- Smoke Free
- Wi-Fi
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+2 | 2 | - | 2,200 - 5,363 |
| 2+2 | 1 | - | 1,000 |
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Presented by
Keller Williams The Forturro Group
510 S Ocean Blvd - Triplex With Ocean Views Surfside Beach SC!
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