wbwood wrote:
Oaklevel wrote:
wbwood wrote:
Oaklevel wrote:
:) The campsites that will be lost are the smaller ones. It is interesting for my curiosity that the park is coming very close to the Jackson's and the preacher's homes. Wonder if they are part of the changes.
:@ Just guessing but with the Jackson's Estates being in probate & the Daughters taking over has a lot to do with the improvements being slower or if they just want to get it right.
Most of the newer homes there are two story on stilt's. I guess that is the current building code as you do not see any new homes being built on the ground......... I still can't see building a 100-200 thousand dollar home & not owning the land (If you don't pay the annual fees gues you don't own the home anymore)........... I haven't seen any 3 story homes (not counting the space underneath. Might be a couple.
The larger homes are much more than $200k, but you are right about not owning the land. The ones over on the beach front pay an extra $15,000 a year for leasing the land. Back at the front of the park it's about $6,000...but that includes use of the amenities, security, water, sewer, cable tv. etc...
Ya I know more like 350-400K but I can't think that high :E we have friends that have a site with a single wide with an addition, in Z section that they are trying to sell, the annual $ & all the extra fees & not to mention what they have to pay Horry County annually have gotten to be too much & their kids have no interest in taking it over.
Someone local to me (NC) posted a listing on a facebook group of a house they have for sale. It's a 3 bedroom, 2 bath. Looks renovated. Not a huge one, but it appears to be worth the $105k they were asking. The lease fee is $6000 I think they say. I think they say after some renting it out and clearing all costs, that it makes them about $15k a year. I would do it full time, but a bit costly for vacation home, for me that is.
Our friends are asking 89,000 for theirs & get about $1000 a week including golf car but only summer months. I thought about buying & renting one but Theirs only got them about a gross of $12K less the 6K ?? lease fee, electric bill, county gets about 1K a year for bus lisc. fees etc., insurance $ & so one they barely broke even at a gross of 12K. Not sure that included a mortgage payment either. They were picky who they rented to & wear & tear was a big part of the equation........ Some people (renters) just tore the place up. :? I talked us out of it.....:) But if you were able to just run it as a business some $ can probably be made....
