1502 N New River Drive , Surf City

$8,950,000

MLS#: 100366924 Property Type: Commercial Address: 1502 N New River Drive City / Zip: Surf City, NC 28445 Area: Surf City County: Pender Neighborhood: Tiffanys Condotel Acres: 1.40 Year Built: 1991 Date Listed: 01/29/2023

Agent's Comments

Total of 43 units at Tiffany's Motel and Condotel. 12 (one bedroom) Motel Units, and 31 Condotel Units ( 18 one bedrooms + 2 (two bedroom 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, 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.

*Listing provided courtesy of the MLS.
Amenities
Interior Features
  • Air Conditioning: Central, Heat Pump, Wall/Window Unit(s)
  • Appliances: Fire Alarm, Fixtures/Furniture, Reception Area, Security System
  • Floor Covering: Concrete, LVT/LVP, Tile, Vinyl
  • Heating: Heat Pump
  • Interior Features: Fire Alarm, Fixtures/Furniture, Reception Area, Security System
External Features
  • Lot Description: Cable, Flood Insurance, Heating/Cooling, Laundry Facility, Maint - Comm Areas, Maint - Ext Bldg, Maint - Grounds, Master Insure, Pest Control, Picnic Grounds, Pool - Outdoor, Roof, Sewer, Street Lights, Tax Comm Areas, Trash Removal, Water
  • Lot Description: , Cable, Flood Insurance, Heating/Cooling, Laundry Facility, Maint - Comm Areas, Maint - Ext Bldg, Maint - Grounds, Master Insure, Mgmt Fee, Pest Control, Picnic Grounds, Pool - Outdoor, Roof, Sewer, Street Lights, Tax Comm Areas, Trash Removal, Water
  • Parking: Concrete, Covered, Gravel, Lighted, On Site, Parking Lot, Paved, Shared
  • Roof: Shingle
Additional Features
  • Contruction: Wood Frame
  • County: Pender
  • Status Date: 2023-06-06
  • Property Sub Type: Condominium
  • Year Built: 1991
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Listings provided courtesy of Coastal Realty Associates, LLC. and Wilmington MLS.

Information Deemed Reliable But Not Guaranteed

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