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1502 New River Drive Surf City NC, 28445

$8,950,000

MLS #: 100366924
Area: Sound Side
Approx. Heated Sq Ft: 60984
Year Built: 1991
Status: Active
Type: Commercial
Construction: Wood Frame

Exterior Features: Fire Alarm,Fixtures/Furniture,Reception Area,Secu

Remarks: 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.

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