Catylist ID:
#30731010
MEGA OCEANFRONT VACATION RENTAL INVESTMENT PROPERTY
Multi-Family
for Sale
Also listed as Hospitality
| Catylist Listing ID: | 30731010 |
| Number of Units: | 1 Units |
| Building Size (RSF): | 8,500 SF |
| Gross Land Area: | 1.11 Acres |
| Sale Price: | $5,200,000 |
| Unit Price: | $5,200,000 Per Unit |
| Property Use Type: | Investment |
| Building Name: | Southern Grace |
| Usable Size (USF): | 8,500 SF |
| Sale Terms: | Cash to Seller |
| Vacation Rental Income: | Yes |
| Last Updated: | 11/10/2021 |
Overview / Comments
|
INCREDIBLE CASH FLOW OPPORTUNITY!!! Southern Grace Vacation Rental is an excellent investment opportunity to own a fully-furnished and cash-flowing 8,500± SF ocean-front beach rental in North Topsail Beach, NC. Rental and income information is available upon registration and execution of a Confidentiality Agreement. A private estate on the north end of Topsail Beach with ocean views. Features a unique structure that was designed and built for the specific purpose of large group/event rental to sleep up to sixty (60) people. This property is perfect to host multi-generational family vacations, weddings, church and corporate business retreats. The living areas are very spacious and modern with an open-plan kitchen area that features 3 refrigerators, 3 state-of-the-art ovens, 2 microwaves and a 10-burner cooktop. In the dining area, there is seating for everyone. There are several living areas as well as an entertainment and games area in the house with all floors connected via stairs and an elevator. There are 16 bedrooms and 16 full bathrooms, all featuring showers and two with combination tub/shower, and two half baths. One of these bathrooms, en suite to one of the bedrooms featuring one queen and one twin/single, features disabled access and adapted facilities including a roll-in shower with slight lip and grab rails. 400 MB Wifi with Mesh network throughout the house. Outside there is a large private heated swimming pool, basketball goal, double propane grills connected to a large propane tank, dance floor, double outside showers as well as outdoor dining and social areas. Can be sold together or separately with Southern Charm located at 1355 Ocean Blvd West Holden Beach, NC. MLS ID 30730992 or a link to this listing is here https://www.nccommercialmls.com/listing/30730992 |
Additional Details
| Nearest MSA: | Jacksonville |
| County: | Onslow |
| Tax ID/APN: | 056206 |
| Zoning: | R-20 |
| Community Amenities: | Outdoor Pool |
| Highway Access: | Hwy 210 US 17 |
| Airports: | ILM, Holly Ridge Airpark, Topsail Airpark, Dixon NDB, and New River TACAN |
| Site Description: | A private ocean front estate located on a 1+/-acre lot on the northern end of Topsail Island. |
| Total Number of Buildings: | 1 |
| Property Condition: | Excellent |
| Number of Stories: | 2 |
| Year Built: | 2015 |
| Roof Type: | Gable |
| Construction/Siding: | Wood Frame |
| Exterior Description: | There is a large private heated swimming pool at the property as well as outdoor dining and social areas. |
| Parking Type: | Surface |
| Total Parking Spaces: | 40 |
| Passenger Elevators: | 1 |
| Laundry: | In Each Unit |
| Sprinklers: | None |
| Heat Type: | Electricity |
| Heat Source: | Heat Pump |
| Fuel: | Propane |
| Internet Access: | Cable |
| Lot Frontage: | 64 |
| Lot Depth: | 746 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | L3 JS GRANT HEIRS DIV |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 3,038 | 6,575 |
| Median Age: | 36.4 | 39.33 |
| Households: | 1,300 | 2,876 |
Contact
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