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1305 S Virginia Dare Trail Kill Devil Hills, NC 27948 - MLS# 96800

Type: LOTS/LAND - Residential
Area:  Kill Devil Hills Oceanside
Location:  Oceanfront
Asking Price:  $3,725,000
Original Price:  $3,725,000

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.

Lot Description
  • Beach Frontage
  • Water Frontage
View Description
  • Ocean
Possession
  • Closing
Subdivision
  • Kill Devil Bch
Listed On
  • 2017-06-14
Roads
  • Paved
  • Public
Agent Name
Jim Soles
Office
Soles Realty OBX