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1503 New River Drive Surf City NC, 28445

$6,300,000

MLS #: 100485724
Area: Sound Side
Approx. Heated Sq Ft: 49658
Year Built: 2002
Status: Active
Type: Commercial
Construction: Wood Frame

Exterior Features: Fire Alarm,Reception Area,Security System,Fixture

Remarks: Total of 40 units at Tiffany's Motel and Condotel. 12 (one bedroom) Motel Units, and 28 Condotel Units ( 17 -one bedrooms units + 11 - two bedroom suite units) All of these units are managed by the onsite management company, to include onsite staff (cleaners, receptionist, maintenance, and GM). Tiffany's Motel/Condotel is composed of 49 total units, 2 separate buildings, each with it's own pool & elevator, and outdoor showers available for every guest. These units are offered as nightly, and weekly rentals, but may also be used as long term rentals or full time by the owners. Each unit is deeded separately, (except for the 12 unit building) however the common area is owned by the HOA. Tiffany's is an iconic establishment on Topsail Island, equipped with a strong book of repeat guest, and a growing reputation for the ideal beach getaway.

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