5th Street Manor Bed and Breakfast at East Carolina University

Hospitality for Sale
Sale Pending
Catylist Listing ID: 30450028
Property Subtypes: Bed & Breakfast
Status: Pending
Number of Units: 7 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 0.25 Acres
Sale Price: $840,000
Unit Price: $120,000 Per Unit
Ceiling: 9 ft.
Property Use Type: Business
Building Name: 5th Street Manor
Name of Establishment: 5th Street Manor
Sale Terms: Cash to Seller
Cap Rate: 10.0%
Last Updated: 7/19/2019

Overview / Comments

Located Immediately across the street from the campus of East Carolina University, immediately next door to the Chancellors guest house and walking distance to Vibrant Uptown Greenville's finest attractions, The Fifth Street Manor is set to adequately accommodate all of your hospitality needs. Make yourself at home in the Chancellor’s Suite, enjoying a glass of wine after a long day of pirate festivities. Or feel free to recline on the porch overlooking campus as the purple hue from the sunset overtakes the horizon."Registered in National Historic Places, circa 1924, The 5th Street Manor has won several Historic Preservation Awards, been featured in Our State Magazine and is proud to be the official home away from home of the East Carolina University Alumni Association!"

Additional Details

Nearest MSA: Greenville
County: Pitt
Taxing Authority: Greenville and Pitt Co.
Tax ID/APN: 20507 NC PIN# 4688603251
Zoning: SFR (PROPERTY OPERATES UNDER A SPECIAL USE PERMIT)
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention
Property Located Between: The 5th Street Manor is located on the corner of East 5th Street and Library Street
Property Visibility: Excellent
Largest Nearby Street: 5th street,
Highway Access: Close to Hyw 264, Hyw 33 and Hyw 13
Airports: PGV
Site Description: Approximately 3,500 sq feet not including an attached guest house. The Manor sits on .25 acres of a beautifully landscaped lot directly across from ECU. the manor has 7 total rooms including the 3rd floor Chancellor's suite parking in the back of the manor and on Library street
Area Description: East Carolina University front door step, closest lodging facility to campus, nestled in the historic district and walking distance to Uptown Greenville, ECU Athletic facilities and general campus.
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Excellent
Year Built: 1927
Construction/Siding: Wood Siding
Average Occupancy Rate: 75
Exterior Description: Beautiful historic first cut pine, landscaped front and back spaces, (See Photo Gallery)
Total Parking Spaces: 5
Parking Description: Parking in the rear of building with available parking on Library street on the east side of the Manor
Sprinklers: None
Laundry: Shared
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Beautifully appointed interior with accents of history, (See Photo Gallery)
Zoning Description: Residential, but property operates under a special use permit that transfers to new owner
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,431 69,365 98,280
Median Age: 23.47 30.51 30.87
Households: 4,763 29,028 40,432

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