785 Irvin Garrish Hwy
Ocracoke, NC 27960
Pony Island Motel & Cottages · Hospitality Property For Sale
·
65,113 SF
Investment Highlights
- SUCCESSFUL MOTEL!
- RECENTLY RENOVATED!
Property Facts
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1958/2022 |
| Building Class | B | Parking Ratio | 1.08/1,000 SF |
| Lot Size | 4.34 AC | Corridor | Exterior |
| Building Size | 65,113 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 4.34 AC |
| Building Size | 65,113 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1958/2022 |
| Parking Ratio | 1.08/1,000 SF |
| Corridor | Exterior |
Amenities
- Balcony
- Pool
- On-Site Retail
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
About 785 IRVIN GARRISH HWY , OCRACOKE, NC 27960
VERY SUCCESSFUL MOTEL, IN LIKE NEW CONDITION. The motel has been operated by the same family since the 1970's. With repeat clientele in the summer season, governmental and sportsmen in the winter months, the motel has consistent income and profits. With a wide variety of accommodations from single rooms to efficiencies and even a cottage, along with a very nice pool, the occupancy rates are excellent. All 50 rooms are non-smoking, with telephones, Wifi, A/C, refrigerators, microwaves, cable TV, and hair dryers, and expansive marsh and distant ocean views from the newer three story wing. Also included is a 3 bedroom, 2 bath cottage and a 2 bedroom apartment on site. The original wing of the motel is nestled among the red cedars and live oaks, with picnic tables, and grilling areas.. The is also plenty of room for boat parking on the spacious grounds. This is an exception opportunity for the astute, discerning owner/operator.
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,424,273 | |
| Land Assessment | $1,616,000 | Total Assessment | $4,040,273 |
Property Taxes
