Sunset Beach Hotel Land

Hospitality for Sale
Also listed as Vacant Land
Catylist Listing ID: 29973986
Property Subtypes: Hotel
Building Status: Proposed
Number of Units: 87 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Gross Land Area: 3.40 Acres
Sale Price: $1,020,000
Unit Price: $11,724.14 Per Unit
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/4/2017

Overview / Comments

3.4 Acre hotel site prominently located across from the shopping center at the Village at Sunset Beach mixed use development on the Sunset Beach, NC mainland. Plans available for an 87 unit hotel. All utilities in place. Ready for development. No hotels within five miles of the site.

Additional Details

Nearest MSA: Myrtle Beach-Conway-North Myrtle Beach
County: Brunswick
Tax ID/APN: 2420000910
Zoning: MUD
Retail Clientele: Family, Tourist, Recreation, Convention
Property Located Between: ABC Store and Bank of America on High Market St.
Property Visibility: Excellent
Largest Nearby Street: Seaside Rd. (Hwy 904)
Feet of Frontage: 450
Site Description: Partially wooded. Engineering plans completed for 87 unit hotel. Utilities and storm water pond in place. Ready for development.
Area Description: Village at Sunset Beach is a 90 acre mixed use development on the Sunset Beach, NC mainland. Food Lion anchored shopping center across street from site. No other hotels within 5 miles of property.
Nearby Attractions: Sea Trail Resort and convention center, 14 golf courses within 10 miles, Sunset Beach 1.5 miles, Ocean Isle Beach - 5 miles, SC State line to Myrtle Beach - 14 miles. No hotels within 5 miles.
Zoning Description: Sunset Beach MUD - Mixed Use Development
Part of Planned Development?: Yes
Lot Frontage: 450
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,525 7,875 15,338
Median Age: 51.38 56.93 54.47
Households: 734 3,784 7,167

Contact

Photograph of Listing Agent

David Stuart

Sloane Commercial Real Estate

Source

Cape Fear REALTORS®
Original Source: Member Entered
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