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    112 N River Drive

    Jarvisburg, NC 27947
    • $649,000
    • STATUS: Active
    • ON SITE: 41 days
    • MLS #: 113522
    UPDATED: 48 min ago
    $649,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:

    School Ratings & Info

    Description

    This is an excellent opportunity to take full advantage of the popularity of the OBX with vacationers and/or year-round tenants as well! The shortage of affordable housing and the option for less than a full week stay make this a a successful niche, AKA, "no brainer!" Currently the motel consists of 4 efficiencies, 5 single rooms and 3 double rooms. The property has room to expand occupancy to increase your rental income! Based on current high occupancy, notice is needed to see the interior of the rooms and serious interest is also required. Owner will share financials with a signed non-disclosure agreement. Contact Listing Broker for showing appointment and Confidentiality Agreement. No lockbox.

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    © 2021 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Surf or Sound Realty. Data last updated: 2021-05-07T19:37:42.827.
    www.surforsoundsales.com/homes/115507928
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    112 N River Drive Jarvisburg, NC 27947

    • Price: $649,000
    • Status: Active
    • Updated: 48 min ago
    • MLS #: 113522
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1960
    Built
    Neighborhood:
    Jarvisburg to Poplar Br.
    County:
    Currituck
    Area:
    Jarvisburg to Poplar Br.
    Property Description
    This is an excellent opportunity to take full advantage of the popularity of the OBX with vacationers and/or year-round tenants as well! The shortage of affordable housing and the option for less than a full week stay make this a a successful niche, AKA, "no brainer!" Currently the motel consists of 4 efficiencies, 5 single rooms and 3 double rooms. The property has room to expand occupancy to increase your rental income! Based on current high occupancy, notice is needed to see the interior of the rooms and serious interest is also required. Owner will share financials with a signed non-disclosure agreement. Contact Listing Broker for showing appointment and Confidentiality Agreement. No lockbox.
    Exterior Features

    Lot Size Dimensions 65340 Sf Waterfront Location None

    Interior Features

    Hotel Motel Sq Ft 4447

    Property Features

    Bank Owned YN No Business Name Sea Oats Motel Business Or Real Estate Bldg/Land Simple Commercial Type Hotel / Motel Current Use Hotel/Motel Gross Income Range Call Agent Percent Of Units Leased 100 Potential Short Sale No Tax Year 2020 Taxes 1192 Zoning Com

    Listing courtesy of Joe Staten of Sun Realty - Duck.


    © 2021 Outer Banks Association of Realtors MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Surf or Sound Realty. Data last updated: 2021-05-07T19:37:42.827.
     
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    NC Highway 12
    Avon NC, 27915