Property Details

TITLE:
Beautiful Turn Key Airbnb Lakehouse in Upstate SC. $1.3M
CONTROL:
Owner
VALUE:
$1,300,000
LOAN:
$300,000
EQUITY:
$1,000,000
TYPE:
Homes/Condos
HAVE:
Operating Airbnb Lake House. Lake Hartwell, Anderson SC. fully furnished netting $100K per year. Beautifully renovated 4200sqft 6 Bed 4.5 Bath with huge detached garage that has an in-law suite.
ADDRESS:
1104 Whitfield Pt Dr, Anderson, South Carolina
BENEFITS TO NEW OWNER:
Pride of Ownership Cash Flow Bankable Clemson Football
GROSS SCHEDULED INCOME:
$125,000 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$125,000
EXPENSES:
$20,000
NOI:
$105,000
DEBT SERVICE:
$42,000
CASH FLOW:
$63,000
CAP RATE:
8.08%
ENCUMBRANCE
BALANCE
PAYMENT
RATE
DUE
ASSUMABLE
LOAN 1
$300,000
$3,500
0%
01/14/2033
Yes
BENEFITS SOUGHT:
Cash out equity
CAN ADD:
storage facility
COUNSELOR:
Will Boyle
APG Companies
1201 Edwards Mill Rd #300
Raleigh, , 27607
Phone: 8646603899