For more information please call Nolan Formalarie 910-477-0085 or email@example.com. Great Investment Opportunity this tidy Four Apartment Home in the Yaupon Neighborhood of Oak Island generates over $2,800 gross rent a month, each apartment renting for $700 a month or more. The extremely convenient location with the Beach literally just a walk away (1 block to the beach) and central to Long Beach Rd. is the reason the apartments are always rented. The upstairs units C-1 & C-2 are both 2BR/1BA units and have fantastic open-air porches and downstairs are 1Br/1Ba units. The heating and air is controlled by units similar to those in hotel rooms. There is a privacy fence in the backyard and there is a 1-bay garage that extends out for ample storage.