25% of paradise for sale
Moderators: bman, Chalk, Tom Keels
25% of paradise for sale
Time has come for me to sale my share of a piece of paradise at Keaton Beach.There are 6 of us who own a lot on Marina Drive,3rd lot on left 3 back from the point, on the lot are two building, One is the bunk house with 2 sets on bunk beds and sofa. The building is divided with about 1/3 being the kitchen with a stove and new fridge.The other building is the bath house with 1/3 being bathroom and the rest storage.There is a deck,rebuilt last year, with fish cleaning station and ramp down to floating dock, one barrel needs to be replaced,From the dock to the end of the pier is about a 1 1/2 minute boat ride.Now it gets even better. Also included in the sale is use of 17 foot carolina skiff with a 75 yamaha motor,radio,and gps.So you get a place at Keaton with a boat included to use.And now for the best part, the other guys hardly ever go. There are 2 lawyers,one insurance agent ,one mortgage broker,and one guy in the paving business. Two of the guys go about twice a year,at least one time in scallop season, and the other 3 go maybe once a year.We just email each other when we plan to go. I go mostly during the week about 10-12 times a year. The way this LLC is set up I and one other own 25% each,2 of the others split a share,12.5 % each, and two split 25%,20% and 5%. The group would not mind if who ever bought my share to split it with a friend for 12.5% each capping it off with 7 people. For the money end. The buy in would be $1500.00 to me and then around $1800.00 each quarter, interest is deductible,my share of taxes is around $800.00 and we put in $200.00 a quarter for utilities and repairs, I believe my share of the note is around %70,00.00 but if interested I can get all the exact details. I do not have pictures but you can go google earth and see a view of it.If you are fishing this weekend in the tournament go by and take a look or get a buddy to take a picture. If you want to see inside call me 478 951-5136. This time next week you could be sitting on the deck,beer in hand,watching the moon rise, boat at the dock ready to go.
Re: 25% of paradise for sale
iS YOUR SHARE OF THE NOTE $7K OR $70k?
2012 Sea Fox 200XT-SOLD
2003 16' Sundance Skiff
2013 40 HP Mercury Bigfoot
2017 Sea Fox XTS Viper
2017 150hp Yamaha SHO
2003 16' Sundance Skiff
2013 40 HP Mercury Bigfoot
2017 Sea Fox XTS Viper
2017 150hp Yamaha SHO
Re: 25% of paradise for sale
Around 70,000 i can get exact amount monday