Isle of Palms under $250,000! This is your chance to own a unit in the first Condo-tel to hit the Charleston coast! The Seaside Inn has been operating as a hotel for years and has a great occupancy rate and is a proven winner in the hotel industry. The hotel rooms are now individual condos, but the owners and management company(Charlestown Management) will still be running the property as a hotel ( hence the phrase condo-tel!) property has been undergoing a complete make-over with major renovations, window added to each unit, new carpet, new tile showers, new fixtures, new top of the line furniture in each unit, new wall coverings, new HVAC. The exterior was also redone with new paint, new fixtures, & new pool on the 2nd floor deck. This is a great chance to get in on the new wave of investments that are sweeping the eastern coast. The condo should be looked at as an investment that you will use some throughout the year for yourself or family & friends. This is not something you can live in full time. Great for a 1031 tax exchange. The regime covers everything you can think of besides mortgage and taxes. Rooms are rented on rotation your room will rent as much as any other room. A computer system is place so homeowners can go online & see what their room is doing. Checks are sent to homeowners once a month. These totals are after all management fees are taken out.