Shares for sale in 5 owner BHI home/3bed 3 bath/club member/2 carts/ ocean view

Contact Mark
Overview

Great opportunity to own a portion of a BHI home in Flora's Bluff. Two shares available in a 5 owner home. 3 bedroom 3 bath / 2 golf carts / club membership / backyard is maritime forest / ocean views / bikes, kayaks, beach toys.

Description

For sale is a share in a house with 3 bedrooms and 3.5 baths which sits on a high dune ridge in Flora’s Bluff at the end of a small cul-de-sac, with the Maritime Forest directly behind the home. The large front porch offers views of the ocean, while the side screened porch is kept cool by the surrounding forest. The beach is a 2-minute walk. The home also includes amenities such as a membership to the Bald Head Island Club, a shared premier parking pass for Southport Marina, two golf carts, and lots of beach toys/equipment.

There are 5 couples, each sharing a 20% interest in the house. We have a rotating calendar assigning 10 weeks per year to each partner. Each partner is assessed a fixed amount per year (currently $8,000) which covers utilities, insurance, property taxes, HOA fees, house supplies, golf carts, general upkeep and maintenance, club dues, etc. We have a brand-new roof and exterior and interior painting, dishwasher, HVAC, and microwave among other things, so all is up to date. The last partner to buy-in paid $165,000 (of course negotiable between buyer and seller), which includes equity in the house representing one fifth ownership.
For more information email vikingknel@aol.com or text Mark at 919-225-3946

Address
8 Evening Primrose
Flora's Bluff, Bald Head Island, North Carolina 28461
United States

Phone
919-225-3946
URL:
http://drive.google.com/file/d/13LMoKIwxd9bxQA6Qnbxo4nZEtFdliH_w/view?usp=sharing