205 Harper Ave - Hospitality FOR SALE


Carolina Beach, NC 28428
$3,300,000 USD
843-343-3210
205 Harper Ave, Carolina Beach, NC for Sale
$3,300,000 USD
Hospitality - FOR SALE
1/58
null | 7% Cap Rate

205 Harper Ave
Carolina Beach, NC 28428


OVERVIEW

Historic 12-Unit Inn | Prime Carolina Beach North Carolina Offered for sale is a charming 12-unit historic inn located in the heart of Carolina Beach, North Carolina, just 1,500 feet from the beach. This well-established property combines coastal character with strong, proven income performance, making it an exceptional investment opportunity. The inn features 12 guest rooms, including four spacious one-bedroom suites located on the ground floor. Each suite offers a full kitchen, living room, dining area, private porch, and generous living space—ideal for extended stays and premium nightly rates. Upstairs, you will find eight standard efficiency rooms. Four of these rooms have access to the front porch, while the remaining four overlook a peaceful garden area at the rear of the property, providing guests with a variety of appealing accommodations. The property has undergone numerous updates over the past four years, including the installation of a brand-new HVAC unit, enhancing comfort, efficiency, and overall operational performance. While significantly improved, the property still offers additional growth potential through further upgrades or operational enhancements. The inn is being sold fully furnished, including all furniture and operational assets, and includes both the real estate and the established business. It maintains a strong presence across major booking platforms, including its own direct-booking website, Booking.com, Expedia, and Airbnb, with a proven history of successful bookings and strong performance. Additional features include an on-site laundry facility equipped with two Queen Speed commercial washers and dryers, approximately two years old. This property has demonstrated consistent success and offers immediate income potential. Existing management is willing to remain in place and oversee all operations, including booking management, guest communication, maintenance, housekeeping, and day-to-day operations, at a 15% management fee, allowing for a smooth and seamless transition for new ownership. Insurance details and additional information are available in the attached documents. Serious inquiries only. Showings are by appointment and limited to weekdays. NDA Will be required.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$765 USD /SF

# OF ROOMS

12

PRICE/ROOM

$275,000 {currency}

CAP RATE

7%

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Carolina Beach Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1951

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

MX

APN/PARCEL ID

R09006-012-012-000

ASK ABOUT THIS PROPERTY

Cassie TollensMaven RealtyMore Info
843-343-3210

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Cassie TollensMaven RealtyMore Info
843-343-3210

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.