In this video, I’m going to show you Beach Colony Resort, Unit 1901 and discuss everything you need to know from touring the unit, resort, and amenities, to appreciation over the last ten years, to depreciating the unit as well as operating this Oceanfront condo to include revealing all your expenses and projected profit for both cash and financing deals. If you’re looking for the perfect beachfront escape in Myrtle Beach, South Carolina, you’ve found it here. Look no further than Beach Colony Resort, recognized in Forbes' prestigious list of the best hotels in the area (This hotel was converted into an oceanfront condo resort)! These meticulously designed condos cater to diverse lifestyles and preferences, offering a wide range of unit sizes from efficiency to spacious 4-bedroom layouts.
Whether you're a couple seeking a cozy retreat or a family/group of golfers in need of ample space, Beach Colony Resort has you covered. Choose from oceanfront or oceanview units, ranging from 350 to 1,500 square feet, ensuring there's something to suit every need.
About Unit 1901: Step into luxury with this breathtaking 2-bedroom, 2-bathroom end unit featuring panoramic views of the Atlantic Ocean and Myrtle Beach's Golden Mile. Renovated with modern amenities, including granite countertops and luxury vinyl plank flooring, this condo offers both style and functionality.
Indulge in Beach Colony resort's exceptional amenities, including private parking, indoor/outdoor pools, hot tubs, a lazy river, and a vibrant tiki bar. With fully furnished units and inclusive HOA fees covering utilities and Wi-Fi, Beach Colony Resort promises worry-free coastal living.
Accommodation & Amenities: Beach Colony offers separate living rooms, kitchens in many accommodations, free Wi-Fi, and linen/towel services. Enjoy the outdoor pools, lazy river, indoor pool, whirlpools, and more!
Onsite vs Offsite Property Management: Unlike other resorts, Beach Colony allows offsite property management without restricting access to onsite amenities. Owners on the onsite rental program receive annual resort fee credits, contributing to unit upgrades and maintaining property value.
Location & Navigation: Conveniently located minutes from popular attractions like Myrtle Beach Boardwalk, Broadway at the Beach, and golf courses, navigating the area is a breeze with easy access to major highways and public transportation.
Increasing Occupancy & Profitability: Maximize rental income by offering vacation packages tailored to guests' preferences. Target niche markets through strategic Facebook ads, appealing to golfers, marathon runners, country music lovers, and bikers.
Second Home vs Investment Property: Consider buying as a second home for personal use or an investment property for higher rental income potential.
Remodeling: Remodeling outdated units can significantly increase desirability and profitability.
Projected Profitability: Calculate potential profits based on rental income, management fees, and expenses. With careful financial planning, owning an oceanfront condo at Beach Colony Resort can be a lucrative investment.
For more information on How to Invest in Oceanfront Condos, please visit: https://www.myrtlebeachdreamhome.com/... #realestateinvesting #southcarolina #myrtlebeach
#travel #investing #beachresorts
Contact:
Brandon Kunasek, Broker
Keller Williams Innovate South
Cana Group
843-360-1737
[email protected]
Disclaimer: All information given is meant to be educational. I am only passing on historical information shared with me by owners, rental companies, and various publications. I am not guaranteeing these numbers, nor can I guarantee future rentals or appreciation. This information is not intended to replace your own research, or to provide legal, investment, or financial advice. Please consult an attorney for legal advice.
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