Description
INVESTOR PROPERTY: 17% VERIFIED CAP Rate, $339,363 Property Gross. #1 Rental OF ANY SIZE in the Outer Banks Tri-Villageand that was as a 6BR/3.5BA rental. After offseason remodeling, NOW renting as 7BR/5BA for 2022! Yes, Solitude really is making those returns; Owner will be happy to prove it. All financials are in the listing; additional documentation available at buyers request. Solitude is ideally located at the North tip of the Hatteras Peninsula (before beach traffic) half-way from Kitty Hawk to Cape Hatteras; just South of the Oregon Inlet Blue Fin Tuna Fishing Center (See TV Show Wicked TunaOuter Banks). Solitude is ideally situated to attract high-quality guests: Oceanfront to the North East, Estuary Wetlands in the other 3 directions. Beachfront access is shared with the only other house at the end of the private road, a private residence with whom Solitudes owner has worked to create one of the best protective dunes in the area. Financial success is a testament to owners 4 years of dogged determination, exceptional marketing and staffing partners, substantial improvements to the property, and continued attention to detail. Owner willing to continue management at buyers option. Owner would also consider a 50%-owning silent partner, and would continue all management.
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5BEDS
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0.23ACRES
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5BATHS
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01/2 BATHS
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2,730SQFT
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$733$/SQFT
School Ratings & Info
Description
INVESTOR PROPERTY: 17% VERIFIED CAP Rate, $339,363 Property Gross. #1 Rental OF ANY SIZE in the Outer Banks Tri-Villageand that was as a 6BR/3.5BA rental. After offseason remodeling, NOW renting as 7BR/5BA for 2022! Yes, Solitude really is making those returns; Owner will be happy to prove it. All financials are in the listing; additional documentation available at buyers request. Solitude is ideally located at the North tip of the Hatteras Peninsula (before beach traffic) half-way from Kitty Hawk to Cape Hatteras; just South of the Oregon Inlet Blue Fin Tuna Fishing Center (See TV Show Wicked TunaOuter Banks). Solitude is ideally situated to attract high-quality guests: Oceanfront to the North East, Estuary Wetlands in the other 3 directions. Beachfront access is shared with the only other house at the end of the private road, a private residence with whom Solitudes owner has worked to create one of the best protective dunes in the area. Financial success is a testament to owners 4 years of dogged determination, exceptional marketing and staffing partners, substantial improvements to the property, and continued attention to detail. Owner willing to continue management at buyers option. Owner would also consider a 50%-owning silent partner, and would continue all management.
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Data last updated: 2022-05-17T23:37:38.34.