Offered FOR SALE are the completed Residential Units, Club House-Welcome Center and Development Ready Pad of Phase 1 at the Marsh Harbour Yacht Club. The Project was originally conceived as a Timeshare Resort and Yacht Club, with 232 Timeshare Units, a Marina Store and 200 Deep Water Dock Slips. The site is located on the boundary line of North and South Carolina in the Village of Calabash, NC. This Offering includes the Fee Simple Sale of Two (02) Apartment-Condo Buildings with a total of Sixteen (16) Rental Units, a Clubhouse-Welcome Center, a Development Pad with Utilities to the site, two Tennis Courts and a Basketball Court. All of the Units have been converted back to Fee Simple status with individual Tax Parcel Numbers, and are currently vacant. APARTMENT-CONDO BUILDINGS: Each Building contains Eight (08) Units, Six (06) Two Story Townhouse Style Units and Two (02) One Story Flat Style Units. All of the Units are Two (02) Bedroom, One and Half (1.5) Baths. The Town House Units are approximately 1,267 SF, and the Flats are approximately 1,186 SF. CLUBHOUSE BUILDING: The Clubhouse is a Two (02) Story structure that was developed to accommodate the total build-out of the entire Project. The building has a large Outdoor Swimming Pool, Reception Center-Check In, Steam and Dry Saunas, Shower and Locker Rooms, Fitness Room, and Group Meeting space. DEVELOPMENT PAD: Included in the Offering is a third Development Pad that was originally designed to build another Eight (08) Units. Utilities are available to the site. TENNIS-BASKETBALL COURTS: Included in the Offering is the land currently housing two Tennis Courts and a Basketball Court. These facilities are in poor condition. This site could be developed into additional Residential Units, or Garages-Storage Units for the Tenants-Home Owners.
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