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1 Corpus Christie Pl, Hilton Head Island
Unit 104 and unit 105 Executive Center. Both units are leased for $2300 per month. The net cash flow from each unit is about $1600 per month. If you use an 10 cap Rate, that yields a value of over $209,000 per unit. Both units are in good shape. And both tenants are solid professional tenets. Units also front on Pope Avenue, so they have rare signage. They are also zoned mixed use, so they can either be commercial and or residential. With the new USCB campus coming, they are ideal spaces to convert to one bedroom apartment or dorm units. At Sea Pines Circle. Excellent Highly Visible Signage possible.
- MLS #394285
- Sub-TypeCommercial Building
- InteriorCarpet, Tile/Carpet, Vinyl Tile, Wood
- HeatingHeat Pump
- Short SaleYes
- Address1 Corpus Christie Pl
- AreaCommercial Hilton Head
- CityHilton Head Island
- Zip Code29928
- Lot Description.048
- ConstructionWood Frame
Property Listed by: Coastal Real Estate Company
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