205 Harper Avenue, Carolina Beach, NC 28428 (MLS# 100315264)

205 Harper Avenue, Carolina Beach, NC 28428

$1,850,000
Property Type: Residential Bedrooms: 12 Baths: 12 Square Footage: 3,894 Lot Size (sq. ft.): 6,970 Status: Closed
Current Price: $1,850,000 List Date: 3/04/2022 Last Modified: 12/03/2024

Description

**Due to multiple offers the Seller requests final and best offers to be submitted by 5pm Thursday, March 10, 2022.** Here is an exciting opportunity to own an impeccably maintained boutique guest Inn located downtown Carolina Beach very close to the beach, restaurants, and shopping. This charming 2-story Inn has been remodeled inside and out keeping its authentic nostalgic feel yet offering modern amenities with 12 fully furnished guest rooms and sits on a 0.16-acre lot. Parking for one car per room is in front of the Inn with easy access to the rocking chair porch entry that include 4 large unique suites on the first floor with quaint kitchenettes and each with a private deck in the back overlooking a maintained fenced backyard. Second floor rooms boast a long-shared hallway with attractive decor located on both sides. The rooms facing north offer an airy covered porch filled with rocking chair southern charm and all second-floor rooms are furnished with a small refrigerator and microwave. This exceptional business and property are being sold tastefully furnished as a profitable turn-key rental business investment. With a pet friendly theme, the current owners have garnered an annual occupancy rate of 70% and a potential cap rate of 14%. Improvements include a new roof, exterior & interior painting, new central HVAC upstairs and individual energy efficient heating & cooling systems in the suites on the first floor. This business utilizes several channel managers for their reservation bookings with 60% repeat guests as they enjoy an average 5-star review status across all channels which include booking.com, expedia, trip-advisor and their own website which uses a hotel booking platform. Go ahead and explore for yourself and then take a tour of their website Carolina Beach Inn and come walk through the property in person!

More Information MLS# 100315264

Contract Info

Sub-Type: Single Family Residence Construction Type: Stick Built Status: Closed Marketing Start Date: 2022-03-04 Auction: No Listing Price: 1850000 Current Price: $1,850,000 List Price/SqFt: 475.09 Stipulation of Sale: Standard

Location Information

Street #: 205 Street Name: Harper Street Suffix: Avenue County: New Hanover State/Province: NC Zip Code: 28428 City Limits: Yes Marketing City: Carolina Beach Subdivision: Not In Subdivision Secondary Subdivision: N/A Geo Lat: 34.034833 Geo Lon: -77.89453

Remarks and Showing

Directions to Property: Highway 421 South to Carolina Beach. Right at Harper Ave. Take the first U-turn. Carolina Beach Inn is on the right. 205 Harper Avenue. Sign on Property: No

Property Exterior Info

New Construction: No Lot Acres: 0.16 Lot SqFt: 6970 Lot Dimensions: 85x77x84x82 Waterfront: No Waterview: No Location Type: Island

Property Interior Info

SqFt - Heated (Primary): 3894 Total SqFt - Heated (Primary + Separate): 3894 # Rooms: 12 # Baths - Full: 12 # Baths - Total: 12 # Bedrooms: 12 Master Bedroom Level: Primary Living Area Stories: 2

Legal Taxes

Year Built: 1949

Status Change Info

Under Contract Date: 2022-03-11 Sold Price: $1,850,000 Sold Date: 2022-05-12

Current Service Providers

Electric Provider: Duke Progress Energy Sewer Provider: City/Town Water Provider: City/Town

Rooms

Bedroom 1 Level: Ground Bedroom 10 Level: Second Bedroom 2 Level: Ground Bedroom 3 Level: Ground Bedroom 4 Level: Ground Bedroom 5 Level: Second Bedroom 6 Level: Second Bedroom 7 Level: Second Bedroom 8 Level: Second Bedroom 9 Level: Second Other Level: Second

Property Features

Attic: Stairs - Pull Down Basement: None Construction: Wood Frame Exterior Features: None Exterior Finish: Asbestos; Wood Siding Fencing: Back Yard; Brick; Wood Foundation: Block; Crawl Space Parking Features: Dirt; Street Only; Unpaved Patio and Porch Features: Balcony; Covered; Deck; Porch Roof: Membrane; Metal Cooling: Zoned Heating System Fuel Source: Electric Water Heater: Electric Utilities: Sewer Available; Water Available Sewer: Municipal Sewer Water Source: Municipal Water Fireplace: None Flooring: Wood Interior Features: Apt/Suite; Blinds/Shades; Ceiling Fan(s); Furnished; Walk-in Shower Security Features: Smoke Detector(s) Laundry Features: In Hall; Laundry Room Heated SqFt: 3500 - 3999 Dining Room Type: Combination HOA and Neigh Amenities: No Amenities Rooms: Bedroom 1; Bedroom 10; Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Bedroom 6; Bedroom 7; Bedroom 8; Bedroom 9; Other Terms: Cash; See Remarks

Room Information

Bedroom 1 Length: 31.00 Width: 12.00 Level: Ground Remarks: #1 Seagull Suite Bedroom 2 Length: 31.00 Width: 13.00 Level: Ground Remarks: #2 Pleasure Island Suite Bedroom 3 Length: 31.00 Width: 11.00 Level: Ground Remarks: #3 Surfer Suite Bedroom 4 Length: 31.00 Width: 17.00 Level: Ground Remarks: #4 Innkeepers Suite Bedroom 5 Length: 12.00 Width: 10.00 Level: Second Remarks: #5 Captains Room Bedroom 6 Length: 12.00 Width: 10.00 Level: Second Remarks: #6 Turtle Room Bedroom 7 Length: 11.00 Width: 8.00 Level: Second Remarks: #7 Surfer Room Bedroom 8 Length: 12.00 Width: 11.00 Level: Second Remarks: #8 Lighthouse Room Bedroom 9 Length: 12.00 Width: 10.00 Level: Second Remarks: #9 Under the Sea Bedroom 10 Length: 12.00 Width: 10.00 Level: Second Remarks: #10 Mermaid Room Other Length: 12.00 Width: 10.00 Level: Second Remarks: #11 Fisherman Room Other Length: 12.00 Width: 10.00 Level: Second Remarks: #12 Sailing Room
Listing Office: The Property Shop International Realty
Last Updated: December - 03 - 2024
205 Harper Avenue, Carolina Beach, NC 28428- MLS# 100315264
Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.