21 Fairway Drive, Edisto Beach, SC 29438

$1,500,000
2
BA
6,000
SqFt
List Price
$1,500,000
Status
Pending
MLS#
24008191
Year Built
2006
Style
Traditional
Living Area
6,000
Bathrooms
2
Full-baths
2
Subdivision
Wyndham Ocean Ridge

Property Description

INVESTMENT OPPORTUNITY!! Seller will Leaseback & continue to operate Edisto's highly successful & only Fine Dining Restaurant (approx. 190 seats).Lease Terms Proposed: -$10,000 per month rent Tenant to also pay:- property taxes, -all insurance, -HOA Fee ($893/yr), -CAM Fee ($2367/mo), -All interior maintenance, -2% Annual Rent increase, -5yr Lease w/three 5yr extension options- ''Triple Net Lease!''-Includes all built-in Kitchen EquipmentIdeally located inside Wyndham Ocean Ridge Resort near Golf Pro Shop & 1st Tee Box. Suitable for 1031 Like-kind exchange. OUTSTANDING RETURN ON INVESTMENT - DON'T MISS OUT !!

Additional Information

Levels
One
Lot Description
High, On Golf Course
Interior Features
High Ceilings, Ceiling Fan(s)
Construction
Cement Plank, Wood Siding
Floors
Ceramic Tile, Wood
Roof
Architectural
Cooling
Central Air
Heating
Electric, Forced Air
Exterior Features
Lighting, Stoop
Foundation
Crawl Space
Parking
Detached, Off Street, Other (Use Remarks)
Elementary School
Jane Edwards
Middle School
Colleton
High School
Colleton

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jim Kempson from Listing Office: Carolina One Real Estate. 843-779-8660