Address
112 N River Drive Jarvisburg, NC
Price
$ 649,000
Property Attributes
  • MLS#113522
  • TypeCommercial
  • CountyCURRITUCK
  • CityJarvisburg
  • AreaJarvisburg to Poplar Br.
  • Zip27947
  • StyleHotel/Motel
  • Year Built1960
  • Taxes$ 1192
  • Price$ 649,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Joe Staten @ Sun Realty - Duck
Data Source:
Outer Banks MLS (OTBMLS) - 132 - NC
Property Description

This is an excellent opportunity to take full advantage of the popularity of the OBX with vacationers and/or year-round tenants as well! The shortage of affordable housing and the option for less than a full week stay make this a a successful niche, AKA, "no brainer!" Currently the motel consists of 4 efficiencies, 5 single rooms and 3 double rooms. The property has room to expand occupancy to increase your rental income! Based on current high occupancy, notice is needed to see the interior of the rooms and serious interest is also required. Owner will share financials with a signed non-disclosure agreement. Contact Listing Broker for showing appointment and Confidentiality Agreement. No lockbox.

Price History
3/26/2021 Listed $649,000

General Features

Business Name Sea Oats Motel
Class COMMERCIAL/INDUSTRIAL
Flood Zone Zone
Listing Area Jarvisburg to Poplar Br.
Ownership Owned More than 12 Months
Potential Short Sale No
Status Active
Status Active
Subdivision NC
Tax Year 2020
Taxes 1192
Type Hotel / Motel
Waterfront Location None
Year Built 1960
Zoning com

Interior Features

Total Number of Units 12

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 27947

Price
AVG $650K
$650K
Taxes
AVG $1,192
$1,192
Visits
AVG 83
82
Year Built
AVG 1960
1960

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