REDUCED!! Hotel For Sale Kure Beach, NC

Hospitality for Sale
Catylist Listing ID: 30324485
Property Subtypes: Bed & Breakfast, Hotel, Inn, Vacation Rental(s)
Number of Units: 6 Units
Building Size (RSF): 6,920 SF
Gross Building Area: See Agent
Gross Land Area: 0.22 Acres
Sale Price: $1,995,000
Unit Price: $332,500 Per Unit
Property Use Type: Investment, Vacant/Owner-User, Business
Name of Establishment: Darlings By The Sea
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/14/2019

Overview / Comments

Opportunity to own and operate an existing Hospitality Business!!

Darlings By the Sea has 5 suites and a penthouse in this 3 story building. The penthouse is on the third floor and presents the owners with several possibilities. A new owner could live and run the business out of the third floor, they could reconfigure the third floor to add more rentable rooms, or make it all one structure for a large personal residence. With 1,000 square feet of ocean view deck, this is truly a unique chance to own an ocean front business. There is on-site parking, 3 outdoor showers, and the property is walking distance to the Kure Beach pier. A gym, 2 outdoor seating areas, and a grilling area make this a turn key business for new ownership. The sale includes all the furniture.

Please do not disturb the staff or guests. All showings must be coordinated through the Listing Agents.

Attachments & Media

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R09213-004-021-000 & R09213-004-019-000
Zoning: RA-3
Retail Clientele: Family, Traveler, Tourist
Property Located Between: M Avenue and N Avenue
Property Visibility: Excellent
Largest Nearby Street: N Fort Fisher Boulevard
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Excellent
Year Built: 1998
Water Recreation: Sauna, Spa
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Heat Pump
Lot Frontage: 100
Lot Depth: 100
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LT 8 N 1/2 LT 7 BLK 12 KURE BEACH

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,481 5,877 13,604
Median Age: 53.53 46.26 45.75
Households: 666 2,685 6,049
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