1502 N New River Dr, Surf City, NC

Hotel for Sale - $7,500,000


Agent Info

Silvestre Madrigal
CENTURY 21 Allstars

Property Info

CIMLS#1156351
Location
  1502 N New River Dr
  Surf City NC 28445
UpdatedMarch 19th, 2024
TypeHotel
Price$7,500,000

Property Description

Tiffany’s Motel and Condo is located on a 9,148 SF lot built in 2013. This exterior corridor offers

(11) 2 bedroom suites, (2) 2 bedroom standard, (18) 1 bedroom condotel and (12) 1 bedroom motels for a total of 43 units. Currently all 43 units are in operational order and have undergone full renovations and furnishing. The condotel units can be sold individually, offering 2 bedroom suite units at $355,000 and 1 bedroom unit suite at $185,000. This iconic location is 100 yards from the beach, 35 minutes to Down Town Wilmington and 20 minutes to Stone Bay. Walking distance to 25 restaurants and 11 Pubs. Private kayak access to the Intercostal Waterway is directly behind the building. Surf City, on Topsail Island, is home to some of the world’s greatest beaches and attractions.


Financials