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Tiffany's Condotel and Hotel

2 Properties Offered at $3,500,000 in Surf City, NC

INVESTMENT HIGHLIGHTS

  • Located directly on the coast of North Carolina

EXECUTIVE SUMMARY

************BEST PRICED HOTEL ON THE MARKET*********
************LIVE SALE!!! MARCH 22ND AND 23RD*****************LIVE SALE!!! LIVE SALE!!! MARCH 22ND AND 23RD****************
*****************************Auction Atmosphere! Come see the Condotel and Make your Best offer! ************************************
Tiffany’s Motel and Condo! Total of 40 units! 2 buildings!
FIRST BUILDING- 29 Condo-Hotel style building!
Can be rented out daily like a hotel or be leased long term or you can sell each 29 condos separately!
This exterior corridor offers (11) 2-bedroom suites, (2) 2-bedroom standard, (18) 1-bedroom
Second Building
(12) 1 bedroom Motel
All units are operational order and have undergone full renovations and furnishing.
The condotel units can be sold individually, offering 2-bedroom suite units at $355,000- and 1-bedroom unit suite at $185,000.
This iconic location is 100 yards from the beach, 35 minutes to Downtown Wilmington and 20 minutes to Stone Bay. Walking distance to 25 restaurants and 11 Pubs. Private kayak access to the Intercostal Waterway is directly behind the building. Surf City, on Topsail Island, is home to some of the world’s greatest beaches and attractions.

PROPERTY FACTS

Price $3,500,000
Price / SF $53.60 / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 2
Total Building Size 65,294 SF
Total Land Area 1.38 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Tiffany's Motel
1502 N New River Dr, Surf City, NC 28445
Hospitality 3,874 SF 1974 $1,599,900
Tiffany's Condotel
1501 N New River Dr, Surf City, NC 28445
Multifamily 61,420 SF 1974 $5,199,000
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  • Listing ID: 28606985

  • Date on Market: 5/30/2023

  • Last Updated:

  • Address: Tiffany's Condotel and Hotel, Surf City, NC

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