1126 Ocean Boulevard
Isle Of Palms,
SC
29451
Property Details
| List Price: |
$292,000 |
| Beds: |
1 |
| Baths: |
1 |
| Status: |
Active |
SqFt: |
-- |
| Agency: |
The Peninsula Co |
Description/Comments
| Lot Size: |
-- |
| Property Type: |
Residential |
| Year Built: |
2000 |
| Notes: |
Opportunity to buy into ownership at the beautiful Palms Hotel, one of only two ocean front hotels front beach area Isle of Palms. This is offering for a hotel room as part of Palms hotel. Owner must participate in hotel management agreement. Offering at list is over a 7.25 % NOI. This is NOT an opportunity to move into the property. This is buying a room in a fully operational ocean front hotel. Owners have limited use, up to 28 days total annually. 3 month hoa fee contribution due at closing from buyer as working capital contribution. Hotel room offered here is an interior unit NOT ocean front or view. Opportunity to affordably own a piece of isle of palms, collect income from hotel operations, after expenses. Pictures are of hotel property, and room. Viewings are limited.Hotel Rooms are not eligible for most traditional forms of financing. Most all sales on this product are in cash. |
| MlsNumber: |
24000860 |
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| Listing Provided By: |
The Peninsula Co, original listing |
| Name: |
The Peninsula Co |
| Phone: |
(843) 817-1595 |
| Office Name: |
The Peninsula Company, LLC |
| Office Phone: |
(843) 817-1595 |
| Agent Name: |
Tim Rogers |
| Disclaimer: |
Copyright © 2024 Charleston Trident Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
