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Carolina Beach Inn 205 Harper Ave 12 Room Hotel Carolina Beach, NC 28428 $4,506,579 CAD ($375,548 CAD/Room) 7% Cap Rate
Executive Summary
Historic 12-Unit Inn | Prime Carolina Beach North Carolina
Offered for sale is a charming 12-unit historic inn located in the heart of Carolina Beach, North Carolina, just 1,500 feet from the beach. This well-established property combines coastal character with strong, proven income performance, making it an exceptional investment opportunity.
The inn features 12 guest rooms, including four spacious one-bedroom suites located on the ground floor. Each suite offers a full kitchen, living room, dining area, private porch, and generous living space—ideal for extended stays and premium nightly rates.
Upstairs, you will find eight standard efficiency rooms. Four of these rooms have access to the front porch, while the remaining four overlook a peaceful garden area at the rear of the property, providing guests with a variety of appealing accommodations.
The property has undergone numerous updates over the past four years, including the installation of a brand-new HVAC unit, enhancing comfort, efficiency, and overall operational performance. While significantly improved, the property still offers additional growth potential through further upgrades or operational enhancements.
The inn is being sold fully furnished, including all furniture and operational assets, and includes both the real estate and the established business. It maintains a strong presence across major booking platforms, including its own direct-booking website, Booking.com, Expedia, and Airbnb, with a proven history of successful bookings and strong performance.
Additional features include an on-site laundry facility equipped with two Queen Speed commercial washers and dryers, approximately two years old.
This property has demonstrated consistent success and offers immediate income potential. Existing management is willing to remain in place and oversee all operations, including booking management, guest communication, maintenance, housekeeping, and day-to-day operations, at a 15% management fee, allowing for a smooth and seamless transition for new ownership.
Insurance details and additional information are available in the attached documents.
Serious inquiries only.
Showings are by appointment and limited to weekdays. NDA Will be required.
Offered for sale is a charming 12-unit historic inn located in the heart of Carolina Beach, North Carolina, just 1,500 feet from the beach. This well-established property combines coastal character with strong, proven income performance, making it an exceptional investment opportunity.
The inn features 12 guest rooms, including four spacious one-bedroom suites located on the ground floor. Each suite offers a full kitchen, living room, dining area, private porch, and generous living space—ideal for extended stays and premium nightly rates.
Upstairs, you will find eight standard efficiency rooms. Four of these rooms have access to the front porch, while the remaining four overlook a peaceful garden area at the rear of the property, providing guests with a variety of appealing accommodations.
The property has undergone numerous updates over the past four years, including the installation of a brand-new HVAC unit, enhancing comfort, efficiency, and overall operational performance. While significantly improved, the property still offers additional growth potential through further upgrades or operational enhancements.
The inn is being sold fully furnished, including all furniture and operational assets, and includes both the real estate and the established business. It maintains a strong presence across major booking platforms, including its own direct-booking website, Booking.com, Expedia, and Airbnb, with a proven history of successful bookings and strong performance.
Additional features include an on-site laundry facility equipped with two Queen Speed commercial washers and dryers, approximately two years old.
This property has demonstrated consistent success and offers immediate income potential. Existing management is willing to remain in place and oversee all operations, including booking management, guest communication, maintenance, housekeeping, and day-to-day operations, at a 15% management fee, allowing for a smooth and seamless transition for new ownership.
Insurance details and additional information are available in the attached documents.
Serious inquiries only.
Showings are by appointment and limited to weekdays. NDA Will be required.
Property Facts
| Price | $4,506,579 CAD | Building Class | C |
| Price Per Room | $375,548 CAD | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 4,314 SF |
| Cap Rate | 7% | No. Rooms | 12 |
| Sale Condition | Business Value Included | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1951 |
| Property Subtype | Hotel | Corridor | Exterior |
| Zoning | MX | ||
| Price | $4,506,579 CAD |
| Price Per Room | $375,548 CAD |
| Sale Type | Investment |
| Cap Rate | 7% |
| Sale Condition | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,314 SF |
| No. Rooms | 12 |
| No. Stories | 2 |
| Year Built | 1951 |
| Corridor | Exterior |
| Zoning | MX |
Amenities
- High Speed Internet Access
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 12 | $80.57 CAD | - |
1 1
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (71)
Property Taxes
| Parcel Number | R09006-012-012-000 | Improvements Assessment | $2,189,242 CAD |
| Land Assessment | $693,740 CAD | Total Assessment | $2,882,982 CAD |
Property Taxes
Parcel Number
R09006-012-012-000
Land Assessment
$693,740 CAD
Improvements Assessment
$2,189,242 CAD
Total Assessment
$2,882,982 CAD
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Presented by
Maven Realty
Carolina Beach Inn | 205 Harper Ave
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