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Beaufort Harbour Suites 313 Cedar St 16 Unit Apartment Building $2,900,000 ($181,250/Unit) Beaufort, NC 28516
Investment Highlights
- Turn-Key 16 Unit Executive Suite Motel
- Excellent History, Opportunty to Increase Revenues
- Historic Beaufort, NC
Executive Summary
Investors & Entrepreneur's take note! A special opportunity to own an operating (16) suite motel in historic downtown area of Beaufort, NC. Built in 2010, this 3-story property has been welcoming guests as they visit and enjoy the pristine waterways, worldclass diving, charming waterfront dining, and of course the Crystal Coast Beaches. This turn-key establishment is ready to go with solid booking history as it is offered going into the height of the tourism season. Each suite features a bedroom, bathroom, full kitchen, and covered entry. The ground level provides covered parking, & elevator access to levels 2 & 3. A well-designed covered patio on each level offers plenty of space to relax and enjoy the summer breeze or gather as a group for photos or some good social fun. The new owner will have the flexibility to continue to operate as is or put their own ideas and styles to work. Consider a Boutique Hotel or venue catering to larger groups looking to stay together. This property is located less than a block from the brand-new Margaritaville Hotel on the Beaufort Waterfront.
Property Facts
| Price | $2,900,000 | Building Class | C |
| Price Per Unit | $181,250 | Lot Size | 0.28 AC |
| Sale Type | Investment | Building Size | 8,160 SF |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 2010/2018 |
| Property Subtype | Apartment | Parking Ratio | 2.57/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R8 - Commercial | ||
| Price | $2,900,000 |
| Price Per Unit | $181,250 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 8,160 SF |
| No. Stories | 2 |
| Year Built/Renovated | 2010/2018 |
| Parking Ratio | 2.57/1,000 SF |
| Zoning | R8 - Commercial |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Tile Floors
- High Speed Internet Access
- Refrigerator
- Sprinkler System
- Range
- Tub/Shower
- Carpet
- Breakfast Nook
- Freezer
- Instant Hot Water
- Porch
Site Amenities
- 24 Hour Access
- Property Manager on Site
- Roof Terrace
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 16 | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 7306.17.21.0648000 | Improvements Assessment | $1,076,294 |
| Land Assessment | $360,000 | Total Assessment | $1,436,294 |
Property Taxes
Parcel Number
7306.17.21.0648000
Land Assessment
$360,000
Improvements Assessment
$1,076,294
Total Assessment
$1,436,294
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Beaufort Harbour Suites | 313 Cedar St
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