205 Harper Avenue, Carolina Beach, NC 28428
- $1,850,000
- 12
- BD
- 12
- BA
- 3,894
- SqFt
- Sold Price
- $1,850,000
- List Price
- $1,850,000
- Status
- CLOSED
- MLS#
- 100315264
- Closing Date
- May 12, 2022
- Days on Market
- 69
- Year Built
- 1949
- Levels
- Two
- Bedrooms
- 12
- Bathrooms
- 12
- Full-baths
- 12
- Living Area
- 3,894
- Acres
- 0.16
- Neighborhood
- Not In Subdivision
- Stipulations
- None
Property Description
**Due to multiple offers the Seller requests final and best offers to be submitted by 5pm Thursday, March 10, 2022.** Here is an exciting opportunity to own an impeccably maintained boutique guest Inn located downtown Carolina Beach very close to the beach, restaurants, and shopping. This charming 2-story Inn has been remodeled inside and out keeping its authentic nostalgic feel yet offering modern amenities with 12 fully furnished guest rooms and sits on a 0.16-acre lot. Parking for one car per room is in front of the Inn with easy access to the rocking chair porch entry that include 4 large unique suites on the first floor with quaint kitchenettes and each with a private deck in the back overlooking a maintained fenced backyard. Second floor rooms boast a long-shared hallway with attractive decor located on both sides. The rooms facing north offer an airy covered porch filled with rocking chair southern charm and all second-floor rooms are furnished with a small refrigerator and microwave. This exceptional business and property are being sold tastefully furnished as a profitable turn-key rental business investment. With a pet friendly theme, the current owners have garnered an annual occupancy rate of 70% and a potential cap rate of 14%. Improvements include a new roof, exterior & interior painting, new central HVAC upstairs and individual energy efficient heating & cooling systems in the suites on the first floor. This business utilizes several channel managers for their reservation bookings with 60% repeat guests as they enjoy an average 5-star review status across all channels which include booking.com, expedia, trip-advisor and their own website which uses a hotel booking platform. Go ahead and explore for yourself and then take a tour of their website Carolina Beach Inn and come walk through the property in person!
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Additional Information
- Taxes
- $3,077
- Available Amenities
- None
- Interior Features
- Apt/Suite, Ceiling Fan(s), Furnished, Walk-in Shower
- Cooling
- Zoned
- Heating
- Electric
- Floors
- Wood
- Foundation
- Block
- Roof
- Membrane, Metal
- Exterior Finish
- Asbestos, Wood Siding
- Exterior Features
- None
- Lot Information
- See Remarks
- Water
- Municipal Water
- Sewer
- Municipal Sewer
- Elementary School
- Carolina Beach
- Middle School
- Murray
- High School
- Ashley
Mortgage Calculator
Listing courtesy of The Property Shop International Realty. Selling Office: .
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