1305 S Virginia Dare Trail
Kill Devil Hills, NC 27948
Unbelievable investment opportunity! Don't miss these three adjoining oceanfront lots and the opportunity to build the ultimate weekly rental business in Kill Devil Hills. Tear down or move the 6 existing homes and replace them with three 18-20 bedroom weekly rentals for optimum rental income. Each of these homes should see a gross cap rate in excess of $450,000 annually. Let us show you a variety of house plans that have already proven to show the highest potential and give you a tour of some of these beautiful money makers. Taxes are for all three lots.
MLS Area: Kill Devil Hills Oceanside
Subdivision: Kill Devil Bch
Septic or Sewer: Private Septic
Lot Description: Beach Frontage, Water Frontage
Lot Size in Acres: 1.286
Lot Size in Sq. Ft.: 56, 000
Road Description: Paved, Public
View Description: Ocean
Property Type: LL
Property SubType: Residential
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Year Fixed. % Interest Rate.
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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Outer Banks data last updated at October 19, 2017 12:00 AM ET