Property Images: 
MLS# 115077: THE LEGENDARY SURF MOTEL
Asking Price: 
495,000
Subdivision: 
Unit/Lot #: 
46232 Old Lighthouse Rd. Buxton, NC 27920
Waterfront: 
Oceanside
Area: 
Buxton

Information

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 serves the brick building on the left with the washer/dryer room. 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.

Area
Buxton Oceanside
Waterfront
More than 5th row
Waterfront Location
More than 5th row
Lot Description
Level
Lot SqFt
36400
Roof
Asphalt/Fiber Shingle
Possession
At Closing
Foundation
Masonry
Roads
Paved
Public
Heating
Baseboard
Heat Pump
Air Conditioning
Heat Pump
Window Unit(s)
View Description:
Ocean
Park Serv./Preserve
Pond
Salt Marsh
Sound
Taxes
$2817
Construction
Masonry
Parking
1-25 Spaces
Paved
Year Built
1970
Days On Market
27
Listing Agent
Daniel Couch
Listing Office
Vacasa North Carolina dba Vacasa - Avon

Request More Information

Dru Ferrence
Senior Associate Broker
Cell: 252-256-2913

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