Cushman & Wakefield’s Hospitality Group has been retained to offer for sale the fee simple interest in the 62-room Pirates Cove Hotel, located in Carolina Beach, North Carolina. The property is a 3-story, limited-service hotel that is directly off of North Lake Park Boulevard and conveniently located within close proximity to the ocean with direct access to Carolina Beach — one of North Carolina’s most popular coastal destinations. The independent property also is unencumbered by the strict operating requirements and annual fees associated with franchises, which allows for greater flexibility in management decisions, personalized guest experiences, and the ability to quickly adapt to market trends and local demand. Additionally, the property offers multiple value-add opportunities, including, but not limited to, generating incremental revenue through the on-site restaurant and bar and enhancing guest services or amenities to increase occupancy and average daily rate. The Pirates Cove Hotel offers investors the opportunity to acquire a 62-room, independent property in an tourist market with exceptional upside opportunity.