New Ocean View Conversion Condos

I am sure you know Myrtle Beach's Ocean front/view market has taken off in the last year. Days on the market for ocean front condos are in the low 30s. Some areas have doubled in price in the last year

I wanted to let you know about a project I have going on the market today. this is one of the cheapest deals available in this area of the beach.

It is a conversion 11 story tower that is ocean view. It is a newly converted building with a total of 60 rooms.They are all large studio condos with a small kitchen area that has a refrigerator, stove and micorwave. This building is in great shape with the furniture, and carpet less than 30days old. Indoor Swiming pool and hot tub.

It is located at 13th Ave North just one block off of Ocean Blvd. This is with-in walking distance of many of the beaches attractions. Public Beach access within a block

The prices start at $99,900 and go up to $134,900

Jacuzzi Suites w/ ocean view $129,900-$134,900 Ocean view studios $124,900-$129,900 Street view/limited ocean view studios $99,900

The $99,900 units have a very limited ocean view, everything over the 4th floor has an unobstructed view of the ocean. Everything in this area with an ocean view is atleast $200k. Compairable condos gross an average of $10-12,000 a year with weekly vacation rentals.

Developer requires a $5,000 deposite with all contracts. All deposites will be kept in a Keller Williams Escrow account.

The conversion/renovations will be completly finished by June 15th.

we are expecting for these to sell out within the next 7 days and closings to be done by June 30th.

This is one of the best opportunities to get in on one of the fastest appreciating areas in Myrtle Beach with out having a $200,000 plus mortgage. These will also be strong vacation rentals if you are looking for something to hold on to for a couple years.

I have pictures available at http://www.jasonmorrisrealestate.com/wst_page2.html

Financing available through Maximum Property Services, contact Cecil Dykes at (843) 477-1900 or [EMAIL PROTECTED] for more details on financing terms and rates on these properties.

if you are intrested or have any questions about this project give me a call

 

Jason Morris

Keller Williams Myrtle Beach South

www.JasonMorrisRealestate.com

[EMAIL PROTECTED]

(843) 455-7119


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