Location, Location, Location! Two-story, nine-unit apartment building one block off the beach. The property features 2 efficiency units, 3 studio units, and 4 one bedroom, one bathroom units. The complex is fully occupied and rents are collected on a weekly basis. The new owner will have a multitude of options with regard to the structure of leases such as Airbnb, long-term rentals, or maintaining its current status. The property does have a hotel/motel license which allows for short term rentals. Owner pays for water, electric, and pest control, which includes a termite bond. There is one electric meter and one water meter. The roof is 11 years-old (gable shingle roof) and has a 25-year warranty. Most units have gas stoves and two efficiency units have two-burner hot plates. Window-unit air conditioners are easy to maintain. If long-term leases were instituted, we recommend separately metering the electric and water to minimize expenses. There is a small parking lot in front of the property and plenty of off-street parking available as well. Properties with these features, cash flow, and location don't last long! For more information contact your EquityPro Advisor.