1220 E Main St | Havelock, NC 28532
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1220 E Main St
Havelock, NC 28532
Econo Lodge Cherry Point · Hospitality Property For Sale
·
37,272 SF
INVESTMENT HIGHLIGHTS
- Fee Simple interest in the two-story, 73-unit Econolodge Cherry Point offered unencumbered of debt and management.
- Completely renovated and repositioned in 2019-2020, with minimal change of ownership expected and a minimal Property Improvement Plan.
- Strategically situated off Highway 70 near Emerald Isle and Atlantic Beach, and right off the future Highway 70 Bypass to Morehead City.
- This growing coastal beach market offers multiple tourism and demand generators, including the Outer Banks region and the Marine Corps Air Station.
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 37,272 SF |
| Property Subtype | Hotel | No. Stories | 2 |
| Building Class | C | Year Built | 1978 |
| Lot Size | 1.45 AC | Corridor | Interior |
| Zoning | HC - Highway Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.45 AC |
| Building Size | 37,272 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Corridor | Interior |
| Zoning | HC - Highway Commercial |
AMENITIES
- Business Center
- Pool
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,793,400 | |
| Land Assessment | $242,090 | Total Assessment | $2,035,490 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$242,090
Improvements Assessment
$1,793,400
Total Assessment
$2,035,490
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