46232 Old Lighthouse Rd., Buxton, NC 27920

$495,000
List Price
$495,000
MLS#
115077
Status
ACTIVE
Type
Commercial
Property Type
Hotel / Motel

Property Description

RIDE THE WAVE AT THE LEGENDARY SURF MOTEL - 12 unit rental property with a gross rental return on investment of approx. 24% annually. All-new low pressure septic system. Property consists of 3 separate red-brick accommodations buildings, a one-bedroom upstairs apartment, central coin-op laundry between the duplex units and a 12 x 60 2 bed/1 bath mobile home across rear of the land. 8 efficiencies and 3 separate wooden storage building. Seller/Trustee is an active NC Real Estate Broker on active status.

Additional Information

Air Conditioning
Heat Pump, Window Unit(s)
Construction
Masonry
Floor Coverings
Carpet, Vinyl
Foundation
Masonry
Heating
Baseboard, Heat Pump
Lot Description
Level
Roof
Asphalt/Fiber Shingle
Sewer
Community Septic
View
Ocean, Park Serv./Preserve, Pond, Salt Marsh, Sound
Well
Municipal Water
Units
12
Zip
27920
Lot Dimension
130'+/- x 280'+/-
Year Built
1970
Directions
Old Lighthouse Road in Buxton 125 yds. down betrween Red Drum and Hatteras Isl. Inn.
County
Dare

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Vacasa North Carolina Dba Vacasa - Avon.

Listed by Daniel Couch

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