200 Ft Macon Rd Atlantic Beach, NC 28512

Exceptional investment opportunity awaits with this 38-key beachfront motel situated at 200 E Fort Macon Rd, Atlantic Beach, NC 28512. Built in 1968 and boasting 0.84 acres of prime oceanfront land, this well-maintained property offers stunning ocean views and a tranquil beach atmosphere. The motel's 38 keys provide ample revenue potential, supported by a strong local economy with a population exceeding 17,000 within a 5-mile radius and a median household income of $60,001. This charming property is perfectly positioned to capitalize on the thriving tourism industry in Atlantic Beach, offering a unique blend of classic appeal and prime coastal location. The asking price is $3,799,900. This is a rare chance to acquire a successful, established beachfront motel in a highly desirable location. The property's proximity to the beach ensures a steady stream of guests, while the well-maintained structure minimizes immediate capital expenditure needs. This presents a compelling opportunity for investors seeking a profitable venture in the hospitality sector. The property's location in Carteret County provides easy access to local amenities and attractions, further enhancing its appeal to both guests and investors. Don't miss this chance to own a piece of paradise.