
Beachwood Condos and Resort
Hospitality | 20 Keys | $135,000/key
Marketing description
Failed sale creates exceptional opportunity to purchase this resort at a great discount. Great location between Ocean Shores and Seabrook. Property consists of 15.72 acres, 335 feet of ocean frontage, 20 - 1 bdrm condos (650 SF) with full kitchens and large living rooms. 2 aparmtents and 2 studios. Laundry and storage facility, seasonal pool, hot tub, clubhouse with ping pong & pool tables and meeting space. Solarium with exercise equipment and sauna. Trail to ocean. Possible room for expansion for glamping or multi-level ocean view condos. Ideal opportunity to market to groups, reunions, weddings and company retreats. Income could substantially increase with concerted marketing effort. Treed entrance sets a calming tone for vacationers. Seller financing with $1.2 million down payment, 20 year term, 6% interest and 3 year cash out
Investment highlights
Ocean front resort
20 individual condos
Room for expansion… glamping or additional condos
Great opportunity to promote group business
Seller financing with $1.2 million down payment, 20 year term, 6% interest and 3 year cash out
In Opportunity Zone
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