

Ocean Mist Motel & Commercial Shopping Center/ Apartments
Hospitality and Commercial Building w/ Lux Apartments
Marketing description
Package deal….Oceanfront Motel (20 units) & Commercial Building (6 commercial units on 1st floor) and Luxury Renovated apartments (6 Residential Apartments) on 2nd Floor with all having ocean views. Luxury Apartment configuration; (1 unit) 3 bed/1 bath, (2 units) 2 bed/1 bath, (3 units) 1 bed/1bath. These apartments were just recently renovated with new kitchens, bathrooms, wind rated windows with turtle glare glass, new central heat/air conditioning units (HVAC) new appliances etc. On 1st floor there are 6 commercial spaces that include the Surf Shop, barbershop, Yoga Studio, massage parlor, new coffee shop going into corner unit and a unit were Chupa Pops formally occupied. Next Door you have a 20 unit motel that is in good condition with a mix of longer term guests and folks on vacation. The motel has a retro feel to it as it is nice and quiet as one of the long term guest was occupying the corner unit while writing her book. Plenty of parking as 24 parking spaces were counted. Possibility of financing failitated for buyer if requested. This contiguous properties goes from block to block and also includes land across the street located between the road and the ocean. See Survey for more in depth detail. As Always, all information to be verified by potential buyer during due diligence. Great on site motel mgr/maintenace guy that lives on property.
Investment highlights
20 units motel and Commercial shopping center with luxury apartments Directly Across from ocean
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