Steve Owen and Associates for Brevard, NC Real Estate - 877.867.1089
Sunset Motel MLS #457874
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Great investment opportunity! Existing motel with excellent Hwy frontage and visibility. Motel consists of 19 rooms plus one bedroom cabin fully furnished. Seller is finalizing inventory and of details on personal property included. Closed in December of 2009for some light renovation.
Address:
415 South Broad St
, NC  28712 US
Community of Brevard
Features:
1.683 acres Tax assessed Value- $697,440 Land $300,000 Bldg- $397,000 Front 2/3 of the property is grandfathered in as non conforming use as a hotel, overlay is residential mixed use. Back portion is zoned GR6 Built in stages from 1953 -1976 City open to SUP as medical or even retail in future, will probably lose one curb cut Hotel is one story block building with 19 rooms and an exterior corridor, there is an apartment above the office that is also rented. Therefore the hotel room count is 20, totaling 13,000 sf. There is also a 1,156 SF, (936 Heated) single story house built behind the motel. The property last sold in 2005 for $660,000 This property was bought out of foreclosure so current owner does not have any operating books for the hotel operation. Current rate sheet for room rentals attached. List price $675,000
Fact Sheet:
Listing Type: Sale
Property Type:
Commercial
Architecture Type:
None
Price:
$675,000
Interior Size:
sq. ft.
Lot Size:
1.6 acre(s)
Bedrooms:
room(s)
Bathrooms:
room(s)
Garage Size (# of cars):

Property Tax:

 

Last Updated: 6/9/2010
Listed by Billy Harris of Steve Owen & Associates

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STEVE OWEN & ASSOCIATES
49 Pisgah Highway | Pisgah Forest, NC  28768
Office: (828) 884-7020
Fax: (828) 862-6555
Toll-Free: (877) 867-1089
Steve Owen & Associates STEVE OWEN & ASSOCIATES ON MAIN
On the corner of Broad St. and Main St.
6 East Main Street | Brevard, NC 28712
Office: 828-877-6006
Fax: 828-877-6606
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