1218 Lupton DrOriental, NC 28571
- Specialty properties
Property Details for 1218 Lupton Dr
- Property type
- Specialty properties
- Property subtype
- Other specialty properties
Description
This exceptional waterfront property, located in Oriental, North Carolina (the "Sailing Capital"), presents a unique investment opportunity. Situated at mile marker 181 on the Atlantic Intracoastal Waterway, this approximately one-acre marina boasts 240 feet of wharf with a six-foot water depth, providing ample space for various vessels. The property includes a travel lift and boom lift, catering to a range of boat maintenance needs, including sail, power, outboard, and electrical work. The marina's current operation demonstrates a highly successful business model, generating a cash-on-cash return exceeding 12%. This impressive financial performance is further enhanced by the availability of an adjacent residential property, sold separately. The marina's prime location and comprehensive services make it an attractive destination for boat owners and a lucrative investment for discerning buyers. Detailed financial information is available upon request. This is a rare chance to acquire a thriving, established marina in a desirable location.
Location Insight
- City
- Oriental
- County
- Pamlico
- State
- North Carolina
- Latitude
- 35.0327
- Longitude
- -76.6859
Comparable in this City
Similar Nearby for Sale
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