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MLS ID: 600970
For Sale - $2,400,000

About this property

Baths 6
sq2 9096
Year Built 2022
DOM 93

Address

Address:
1008-1042 Sandalwood
City:
Leesville
Zip Code:
29070
County:
Saluda
State:
SC

Features and Amenities

Location
2.4
Cooling
Central
Foundation
Crawl Space
Stories
2
Water
Well-Public Available

Description

AIRBNB Units Booked Even in the Off Season! Discover a fantastic investment opportunity with The Cottages at Lake Murray Resort! This property features six charming duplexes with captivating views of Lake Murray, comprising 12 units in total: 4 two-bedroom, one-bath units and 8 two-bedroom, two-bath units.Investment Highlights:- Strong Revenue Potential: One Airbnb unit earned $24,000 in 2024 with no marketing. Long-term rental revenue can reach up to $18,000 per month, showcasing the high demand in this location.- Cost-Effective Utilities: Currently, all units are on well water, providing free water. City water taps are available, and the seller will connect if desired. All units are on city sewer, eliminating septic system concerns.- Exclusive Owner Benefits: Cottages residents receive first right to slip rentals, reduced slip rental rates, and discounts at the beach club and boat ramp.- Hassle-Free Management: Lake Murray Resort can provide full on-site management for new owners, ensuring a hands-off investment experience for both long and short-term rentals.- Airbnb-Ready: Two units are already set up as successful Airbnb rentals, providing immediate income potential.- Expansion Opportunity: There's room for an additional seventh cottage, already surveyed and plotted just east of the current Airbnb duplex.Don’t miss this chance to invest in The Cottages at Lake Murray Resort. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in li

Schools

Name Address Phone Type Grade
Batesburg-Leesville Elementary School 403 South Lee Street 8035321155 Public 3-5 SPED
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Mortgage Calculator

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Interest Rate as of: Thu, May. 01, 2025
$ 2,400,000Home Price
$ 12,530Monthly payment
$ 1,920,000Amount Financed
$ 150,357Annual cost of Loan
$ 4,510,712Total of 360 Payments

Map

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James Schiller

James Schiller

Realtor, Brand Name Real Estate
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1008-1042 Sandalwood, Leesville, SC, 29070
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