847-504-3297
1 King Cotton Rd, Edisto Island, SC for Sale
Hospitality - FOR SALE
1/14
null | Request Cap Rate

1 King Cotton Rd
Edisto Island, SC 29438
Edisto Beach


HIGHLIGHTS

  • Delivered fee simple & unencumbered by brand
  • Located within a gated golf & beach timeshare community
  • 49 total condominiums with porches, kitchens & in-unit laundry
  • Amenity-rich property with 18-hole golf course, beach access, pools, fitness center & extensive recreational facilities, subject to separate agreement
  • Zoned UD (urban development), allowing for residential & hospitality uses along the South Carolina coast

OVERVIEW

Following coordination with individual homeowners’ associations, these resort assets, formerly operated as Club Wyndham Ocean Ridge – Sea Oaks and Sea Palms, are being offered for sale fee-simple, free of existing brand and management agreements. The offering presents a unique opportunity to acquire 49 residential units in a coastal market just 50 miles from Charleston, South Carolina. The portfolio consists of 25 two-bedroom-plus-loft units within the Sea Oaks Association and 24 two-bedroom and two-bedroom-plus-loft units within the Sea Palms Association, providing meaningful scale and flexibility for hospitality, residential, condominium, or other repositioning strategies in a desirable, low-density coastal market. This sale represents a turnkey coastal investment opportunity with strong near-term cash-flow potential and long-term appreciation driven by Charleston’s expanding regional demand corridor. Bids are due by November 13. On-site inspections will be held on September 24, October 8 and October 22, by appointment only. Subject to the approval of U.S. Bankruptcy Court District of South Carolina Case No. 26-02882-EG, In re: Sea Oaks Condominium Council of Co-Owners, Inc. Case No. 26-02880-EG, In re: Sea Palms Condominium Council of Co-Owners, Inc.

FOR SALE DETAILS

PRICE

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# OF ROOMS

80

CAP RATE

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Club Wyndham Ocean Ridge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

2004

PARKING SPACES

-

LAND DETAILS

LAND ACRES

300 AC

LAND SF

13,068,000 SF

ZONING

UD

APN/PARCEL ID

354-08-00-003,354-08-00-266,354-08-00-280,354-08-00-293

ASK ABOUT THIS PROPERTY

Jordan SchackHilco GlobalMore Info
847-504-3297

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Jordan SchackHilco GlobalMore Info
847-504-3297

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.