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USASCNorth CharlestonLake Palmetto4993, 75, 53 Lake Palmetto Ln
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$1,695,000

4993, 75, 53 Lake Palmetto Ln, North Charleston, SC

Real Estate

For Sale

$--,---,---
900
  • Key Facts
  • Description
  • Map

Key Facts

Type Condominium
Levels Residential Income
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 125
Approx. Age 2005
MLS® Number 25003531

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Three active short term rentals sold fully furnished generating over 300, 000 per year in income. All future bookings will transfer upon sale complete pass through investment at a high rate of return. Agents and buyers search through loopnet, crexi, mls, or any other real estate platform and try to find a pass through cap rate at 8.5%. The rentals have many five star reviews with streamlined management already in place. All three rentals are unique booking experiences since they are lake front (these units consistently rent higher than well known park circle rentals) and can accommodate a large family due to each townhome being over 2200 sq ft. Since the properties are fee simple and built after 2004 maintenance is minimal without worry of an overbearing HOA or large assessments.Show Description
MLS® Number25003531
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelWasher Hookup
Exposure
Exterior
GarageNo
Approx. Age2005
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral
A/CCentral Air
Heating Fuel

Extras

All Furniture

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