Overview
- Updated On:
- June 20, 2024
Description
The SeaSide Suites are unique in that they offer the investor multiple plays. These include repositioning the property as a Short-Term Rental Hotel, constructing additional units in the rear yard, and raising rents to market prices. The Suites are perennially 100% occupied providing the owner/investor with steady income while new units are constructed or the requirements for Short-Term Rentals are completed.
Each of the eight Suites has been lovingly restored and meticulously maintained- both inside and out. All Suites contain full kitchens and private baths- all renovated with new central A/C, electrical and plumbing systems, fixtures and finishes, a new roof, and impact windows and doors. Please see attached Offering memorandum for additional information.
- Principal and Interest
- Property Tax
- HOA fee
