Compound Interest: Urchin Manor; Hilton Head, SC

WITH THREE SEPARATE HOMES, A TOTAL OF 20 BEDROOMS, almost as many bathrooms, three hot tubs and three pools, Urchin Manor on Hilton Head Island is the ultimate vacation property.

Centrally located mid-island, just steps from the Atlantic Ocean, the property is an ideal vacation spot and, with a consistent rental revenue stream, an investor’s dream.

Imagine vacationing along the beach with a huge group of family and friends. With three separate homes, you can be close but not on top of each other, and the kids won’t have to fight over bathroom time. The prospect of having your own place to return to at the end of the night makes vacationing together even more enticing because you’ll have the alone time to kick back and relax when necessary.

"... you can be close but not on top of each other. ...”

"I’ve always enjoyed vacationing with friends and family but never found big enough homes right together to make it convenient for everyone to stay close,” says owner Mark Stalica. "When this land became available, we decided to build three homes instead of one. We thought everyone could benefit from a setting like Urchin Manor.”

For the investor, these three homes have proved to be outstanding rentals with consistent revenue over the past three years, Stalica says. For the large family, what better place for a vacation home? Urchin Manor, also known as the Compound, is located at the end of Bradley Beach, a quiet street away from the hustle and bustle on the south end of the island but still close to shopping, dining, night life, entertainment and an array of outdoor activities.

Allan LaCoe of the LaCoe Team on Hilton Head Island concurs."Where else can you find three beach homes separated only by a cobblestone drive on one piece of land? They all offer unique layouts, decorating styles and views to make you sit and daydream,” LaCoe says.

According to LaCoe, all three homes are for sale, and the owners would prefer to package them as a unit but would consider selling them as separate entities."

The perfect buyer,” LaCoe says, "could be a buying group or corporate client for use in entertaining customers during the non-peak rental season.

"Take the rental income for 20 or 22 weeks of the year and use the proceeds for golf outings, retreats or business planning sessions,” LaCoe continues. "The three homes combined could handle 50-plus people with privacy yet are big enough to bring the entire group together.”

LaCoe suggests that Urchin Manor could accommodate even larger groups, such as weddings or family reunions, by adding a tent over the drive. Clearly, as a group the three homes on Urchin Manor offer a multitude of possibilities–and income –for the investor.

Together, these three homes offer sleeping arrangements for more than 50 people as well as ample space to spread out and enjoy the many extras that make these houses so special. Open family rooms and spacious kitchens with stainless steel appliances and granite countertops are the order of the day in all three houses. In addition to the many bedrooms and bathrooms, guests will enjoy the club rooms on the third floor of two houses, which offer bar seating, sleeper sofas and plasma TVs in addition to the spectacular views. And no beach home is complete without the many porches that beckon guests to enjoy the outdoors.

For more information, visit www.LaCoeTeam.com or call (843) 842-4300 or (866) 746-3742. Contact Gloria or Allan LaCoe at glacoe@aol.com or glacoe@hargray.com for complete details or to request DVDs of all three homes or a DVD of the TV show, "Dream Homes of the Lowcountry.”