Attention Investors! Value add opportunity here with 4 existing cash flowing units with HOTEL Licensing as well as approval to build 29 more units! Welcome to our incredible 4-unit multi-family Airbnb located at 1497 Remount Road in North Charleston, SC 29406! This property is ideal for savvy investors looking for a highly-profitable income-producing asset that has a hotel/motel license allowing all 4 units to be short term rentals. In it's first full month of operation between March 25th and April 25th, this property brought in $8,800, and that was with Tuesdays blocked off for showings! All furnishings to concey with an acceptable offer. With four beautifully renovated units, this property offers a unique opportunity for everyone to enjoy the perfect vacation spot.Our guests get to experience a perfect blend of comfort, convenience and affordability. Our 4 units also have a common area that can be used as a co-working space and are designed to give our guests a home away from home, furnished with every comfort imaginable. Each unit is tastefully decorated and comes fully equipped, providing our guests with an unforgettable experience.
The hotel license has no density cap and there is enough existing parking and space to develop an additional 29 units!
Located in one of the most sought-after areas in North Charleston, this property is just minutes away from the airport, top attractions and tourist hotspots, including shopping centers, restaurants, and museums. Additionally, the property is conveniently located close to public transportation, making it easier for our guests to navigate the city.
Our 4-unit multi-family Airbnb is the perfect location for your next purchase in North Charleston, SC. Book your showing now and experience the ultimate in luxury and affordability.
Property Type :
Residential Income
Subdivision :
Charleston Farms
County :
Charleston
Style :
Residential Income
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ByOwner last updated this listing 04/29/2024 @ 09:54
MLS: 23006771
LISTED BY: Dan Rivers, Maven Realty
SOURCE: Charleston MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
