2902 S Island Rd

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2902 S Island Rd

Georgetown, SC 29440
Asking Price
$650K
Asset Type
Retail
Class
Class B

What's Special

2902 S Island Rd, Georgetown, SC 29440 <ul><li>​13,234 square feet in single-story structure</li><li>​24 units with 48 beds total</li><li>​Located on approx 3 acres in Georgetown, South Carolina</li><li>​Low Density Residential Zoning</li><li>​Features prominent on-site signage, entry lobby, dining room, activity room, commercial kitchen, and double-bed guest rooms with private bathrooms</li><li>​Convenient access to local shopping, restaurants, outdoor activities, hospitals, physicians, and rehabilitation centers</li><li>​Property t

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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.845
Annual Cash Flow
$41,409.856

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