5908 COASTAL HIGHWAY

Property feature image
Address: 5908 COASTAL HIGHWAY, OCEAN CITY, Maryland, US
Created date: April 18, 2024
Date last updated: April 19, 2024

Property Description

An exceptional opportunity awaits savvy investors! Presenting a meticulously curated portfolio of five luxurious short-term rental units in the heart of Ocean City, MD. This portfolio offers both immediate revenue potential and long-term growth opportunities with a 15 year history of strong rental income and occupancy rates. Nestled in sought-after areas of Ocean City, moments away from beaches, entertainment, dining, and local attractions. These multi-level 4 bedroom/3.5 bathroom units are fully furnished and are able to accommodate large groups of up to 14 people per unit. Units come equipped with stainless steel appliances, granite countertops, a balcony in each bedroom, and enclosed garages that make them a must have for renters in the area. Some units offer breathtaking views of the ocean, providing guests with a memorable coastal experience. This turnkey portfolio is primed for continued success in the thriving short-term rental market of Ocean City. Whether you're an experienced investor seeking to expand your portfolio or a newcomer looking for a lucrative opportunity, this collection of properties promises both immediate returns and long-term appreciation potential.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $3,700,000
No. of Units: 5
Year Built: 2007
Lot Size: 2,022.00 Sq ft
Opportunity Zone: No
Price per unit: $740,000
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 5908 COASTAL HIGHWAY, OCEAN CITY, MD 21842, USA
Provided by:

Similar Properties in the Area

204 Court Street

Spencer , West Virginia
Washington DC + Apartment Buildings
Price: $234,900

Lynch Cove

Dundalk , Maryland
Washington DC + Apartment Buildings
Units: 23
Price: $3,100,000

3209 Clement Ave

Parkersburg , West Virginia
Washington DC + Apartment Buildings
Units: 12
Price: $1,700,000
popup background image