$3,800,000

Incredible investment opportunity to own two renovated homes near the beach on Isle of Palms, both with in-ground pools! These properties come with long-term leases generating $25k/month until March 14, 2024. The current tenant has two 1-year options to renew with annual increases upon renewal. On March 15, 2024, if option is exercised, the leases renew to $25,750/month and on March 15, 2025 the leases bring in $26,522/month upon renewal. No management fees and the tenant covers all utilities, pool maintenance, landscape maintenance, cleaning, and common wear & tear expenses.