Listed by Mumford Company, Mumford Company Newport News
$4,950,000
3410 BRIDGES ST MOREHEAD CITY NC 28557-3220
Details
APN 637615532420000
Property Type Hospitality
Square Footage 26,224
Units 70
Beds 56
NOI $470,268
Occupancy 75.6%
Year Built 1985
Stories 1
Lot Size (SqFt) 76,499
Parking Spaces spaces
About This Property
Marketing description
BUILDING OVERVIEW
2 Stories, Exterior Corridor
Wood Frame Construction
Brick Façade
Pitched, Asphalt Shingle Roof
Asphalt Parking Lot — ±70 Parking Spaces
Investment highlights
DEAL FEATURES
Great location 5 minutes from Crystal Coast beaches
Excellent history of revenue and occupancy generation
Priced to sell well below replacement cost
Closest hotel to large regional Carteret Health Care medical complex
Listing Contacts
Listed by Mumford Company, Mumford Company Newport News
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$470,268.00
$39,189.00/mo
Valuation Metrics
0
DSCR
9.5%
Cap Rate
9.5%
ROI
Map
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Property History
Tax History
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