MLS # 108829
785 Irvin Garrish Highway
Ocracoke, NC 27960
$4,500,000
 
Bedrooms
Bathrooms
Sq. Ft.

About This Property

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 the rooms are non-smoking, with telephones, Wifi, A/C, refrigerators, microwaves, cable TV, and hair dryers, and expansive marsh and distant ocean views form the newer three story wing. 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 Details

MLS:
108829
Address:
785 Irvin Garrish Highway
Town:
Ocracoke
Price:
$4,500,000
Estimated Monthly Mortgage:
$20,459/mo.
Listing Agent:
Harrell, Bobby
Listing Company:
Harrell & Associates
Area:
Ocracoke
Subdivision:
 
Waterfront Location:
None
Oceanside Location:
 
Soundside Location:
 
Heated Area:
Sq ft.
Year Built:
1974
Map
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