Operating Motel with Home
Hospitality
for Sale
| Catylist Listing ID: |
30634780 |
| Property Subtypes: |
Inn, Motel, Recreation Cabins
|
| Number of Units: |
12 Units |
| Building Size (RSF): |
See Agent |
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1 Acre
|
| Sale Price: |
$495,000 |
| Unit Price: |
$41,250 Per Unit |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/24/2020 |
Overview / Comments
|
This classic motel/lodge is located minutes form the historic Lake Mattamuskeet, with over 50,000 acs, it's the largest fresh water lake in NorthCarolina. The motel has occupants during all seasons, hunting, fishing, and the summer tourist season, when vacationers take a break on theway to the northern Outer Banks and Ocracoke. With rooms, cabins, and lodges, the property meets the needs of many visitors. Plus theadvantage of a home on site that over looks a large pond, that is full of fish and wildlife. The property is ideal for operating as an outfitting centerfor both hunting and fishing or to do Airbnb for visiting nature lovers. Hyde County is a nature lover's paradise, with waterfowl, deer, the largestblack bear population in the US, and phenomenal red drum and trout fishing. The opportunities are unlimited.!!!!!!!!!!!
|
Additional Details
| Nearest MSA: |
Kill Devil Hills |
| County: |
Hyde |
| Tax ID/APN: |
8632-09-7748 |
| Zoning: |
NONE |
| Retail Clientele: |
Family, Traveler, Tourist, Recreation |
| Property Located Between: |
Outer Banks & Greenville |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
NC Hwy 94/64 |
| Feet of Frontage: |
306 |
| Total Number of Buildings: |
6 |
| Number of Stories: |
1 |
| Property Condition: |
Average |
| Year Built: |
1980 |
| Year Renovated: |
2019 |
| Roof Type: |
Arched |
| Construction/Siding: |
Wood Siding |
| Parking Type: |
Surface |
| Heat Type: |
Electricity |
| Heat Source: |
Baseboard, Heat Pump |
| Air Conditioning: |
Package Unit |
| Zoning Description: |
none |
| In Flood Plain?: |
Yes |
| Lot Frontage: |
306 |
| Lot Depth: |
145 |
| Water Service: |
Municipal, Well |
| Sewer Type: |
Septic |
| Land Ownership: |
fee simple |
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