5908 Coastal Hwy #8a, Ocean City, MD 21842
$3,800,000

MLS#
Mdwo2018032
Price
$3,800,000
Standard Status
Active
Waterfront
N
Unit Number:8a

An exceptional opportunity awaits savvy investors! Presenting a meticulously curated portfolio of five luxurious short-term rental units in the heart of Ocean City, MD. This portfolio offers both immediate revenue potential and long-term growth opportunities with a 15 year history of strong rental income and occupancy rates. Nestled in sought-after areas of Ocean City, moments away from beaches, entertainment, dining, and local attractions. These multi-level 4 bedroom/3.5 bathroom units are fully furnished and are able to accommodate large groups of up to 14 people per unit. Units come equipped with stainless steel appliances, granite countertops, a balcony in each bedroom, and enclosed garages that make them a must have for renters in the area. Some units offer breathtaking views of the ocean, providing guests with a memorable coastal experience. This turnkey portfolio is primed for continued success in the thriving short-term rental market of Ocean City. Whether you're an experienced investor seeking to expand your portfolio or a newcomer looking for a lucrative opportunity, this collection of properties promises both immediate returns and long-term appreciation potential.

Exterior Features


Construction Materials
Other, vinyl Siding
Water Body Type
Ocean

Interior Features


Heating
Central
Heating Fuel
Electric
Cooling
Central A/c, ceiling Fan(s)
Hot Water
Electric

Additional Details


Acres
0.00
Year Built
2007
New Construction
N
Property Type
Commercial Sale
County
Worcester
Lot Size Dimensions
0.00 X 0.00