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$2,400,000

Beds
10
Baths
6.0
sq ft
9,096

1008-1042 Sandalwood Rd, Leesville, SC 29070

1008-1042 Sandalwood Rd

Leesville, SC 29070

  • 26 days on market
Discover a fantastic investment opportunity with The Cottages at Lake Murray Resort! This property features six charming duplexes with captivating views of Lake Murray, comprising 12 units in total: 4 two-bedroom, one-bath units and 8 two-bedroom, two-bath units.Investment Highlights:- Strong Revenue Potential: One Airbnb unit earned $24,000 in 2024 with no marketing. Long-term rental revenue can reach up to $18,000 per month, showcasing the high demand in this location.- Cost-Effective Utilities: Currently, all units are on well water, providing free water. City water taps are available, and the seller will connect if desired. All units are on city sewer, eliminating septic system concerns.- Exclusive Owner Benefits: Cottages residents receive first right to slip rentals, reduced slip rental rates, and discounts at the beach club and boat ramp.- Hassle-Free Management: Lake Murray Resort can provide full on-site management for new owners, ensuring a hands-off investment experience for both long and short-term rentals.- Airbnb-Ready: Two units are already set up as successful Airbnb rentals, providing immediate income potential.- Expansion Opportunity: There's room for an additional seventh cottage, already surveyed and plotted just east of the current Airbnb duplex.Don’t miss this chance to invest in The Cottages at Lake Murray Resort. Disclaimer: CMLS has not reviewed and, therefore, does not endorse vendors who may appear in listings.

Details

Property type

Lot size

Unknown

Price per sq ft

$264

Year built

2022

Price History

01/28/2025
ColumbiaSC

ColumbiaSC #600970

Listed
$2,400,000

Schools & Community

Elementary school: 

Hollywood

Middle school: 

Saluda-Cnty

High school: 

Saluda-Cnty

School district: 

Saluda County

Status: Active

Tomo last checked: 02/23/2025 at 10:00 PM

Listing updated: 02/10/2025 at 3:30 PM

Listed by: Heather Tiedman, Century 21 803 Realty

MLS: ColumbiaSC #600970

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