Bald Head Island Homes with Private Parking Features

Bald Head Island Homes with Private Parking Features

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Newest Bald Head Island Homes with Private Parking Features

$4,750,000
Turnkey investment motel in the Heart of Carolina Beach. Rare opportunity to acquire the Carolina Beach Motel, formerly known as Cole's Motel, a fully renovated 21-unit motel located less than 1,500 feet from the beach and within walking distance to restaurants, shops, and the CB Boardwalk. The property sits on three 50x100 lots and operates as a pet-friendly, self-check-in motel with no on-site front office, allowing for efficient management and reduced overhead. The property is being sold fully furnished with all operational assets and the established business. The motel features 21 units with private bathrooms, offering several room types to accommodate a range of guests. All units are equipped with smart TVs, microwaves, mini or mid-size refrigerators, and Keurig coffee makers. The property underwent an extensive renovation beginning in 2022 across all three buildings, including new insulation, drywall, replacement of most sub-joists, new subfloors, LVP flooring, updated plumbing and electrical systems including fixtures, tile bathrooms with new vanities, toilets, and walk-in showers, four water heaters, and mini-split HVAC systems in each room. Additional improvements include a high-tech hardwired and monitored fire alarm system, security camera system, new wood railings and porch privacy walls, and landscaping throughout the property. Each unit has an on-site, designated parking space on a partially paved lot, with the remaining portion recently graveled in place of an outdated pool to provide sufficient guest parking. Operational infrastructure includes a housekeeping supply room with a new mop and hand sink, as well as a designated laundry area in the main building with washer and dryer hookups ready for installation. The motel recently reopened last year and currently operates across Airbnb, Expedia, Booking.com, and direct booking website, utilizing smart locks and remote guest communication. Visit the Carolina Beach Motel's website to explore the property, room types, and additional photos, then schedule a private showing to experience it in person.

213 Raleigh Ave, Carolina Beach

$5,199,900
Rare opportunity! 8 Duplexes in downtown Wilmington next to a new home development in Love Grove. You can really see the time and effort the developer/builder/owner put into making and creating this perfect portfolio compound of major cash flow! 8 Duplexes which breaks down to be 16, 4 bedroom 2 bath units with 1,548 Sqft per unit for a total of 24,768 sqft, 64 bedrooms, 32 bathrooms. All 8 duplexes are side by side and all in a row on the same street. Each duplex is on its own parcel. Every unit has their own driveway and fenced in backyard. There is also a storage unit in the back of every unit. Granite counter tops, stainless steel appliances water proof flooring and so many great features. Floor plans reads 1 bedroom down stairs and 3 upstairs. Floor plans and specs are attached to the mls or can be provided upon request. Each tenant has been handpicked by the owner with long history and track records. Every lease is government backed and guaranteed though Sec8 program. Each tenant had to meet criteria of no previous evictions, no felonies, strong reference from past landlords and wanted to stay at the property for many years after initial lease period. They do not have to be sec8 if not wanted. Currently total rental income a month is about 40k a month or 480k a year! This opportunity gives you the chance to own 8 almost new multifamily properties in a fantastic area in one of the fastest growing cities in the country with a even better return. Easy to manage, fully occupied and like new! Reach out for a private tour or for more information.

1405 Corbett St Unit A, Wilmington

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