$1,250,000
$1,600,000
21.9%For more information regarding the value of a property, please contact us for a free consultation.
1726 White Lake DR White Lake, NC 28337
9,368 SqFt
Key Details
Sold Price $1,250,000
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Sold
Purchase Type For Sale
Square Footage 9,368 sqft
Price per Sqft $133
Subdivision White Lake
MLS Listing ID 726810
Sold Date 08/13/24
Construction Status Good Condition
HOA Y/N No
Year Built 1956
Property Description
AMAZING OPPORTUNITY FOR INVESTMENT! This White Lake, North Carolina, property is currently generating excellent seasonal rental income.
The home has the potential to generate income from rentals and Airbnb. The property has a total of 5 parcels (1352-18-42-7291, 1352-
18-42-7155, 1352-18-42-7110, 1352-18-42-6216, 1352-18-41-8931) containicontaining a motel office/living
(2 bed/ 1 bath), 2 apartments, 4 hotel rooms, a 2BR motor home, a two-story custom-built home (which includes two rental units each with a two-bed, one-bath layout), a three-bed, two-bath house, a three-bed, two-bath log cabin, a duplex, and five cedar cabins/park models.
There is NO HOA or additional taxation for access, and there is access to over 300 feet of lakeside beach area as well as pier use. Owner/Seller financing is considerable.
The seller runs a golf cart rental business on the property, and with a good offer, the carts will transfer. Please contact the listing agent directly at 910-658-6765 (call or text) to schedule all showings.
Location
State NC
County Bladen
Interior
Heating Central, Gas, Heat Pump, Window Unit
Cooling Window Unit(s)
Fireplace No
Exterior
Parking Features Off Street, Parking Lot, Unpaved
Water Access Desc Public
Present Use Mixed Use
Building
Lot Description Cleared, Level
Sewer Public Sewer
Water Public
Construction Status Good Condition
Others
Tax ID 1352-18-42-7155, see comments for additional
Ownership More than a year
Acceptable Financing Cash, New Loan, Owner May Carry
Listing Terms Cash, New Loan, Owner May Carry
Financing Seller Financing
Special Listing Condition None
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Bought with GRANT-MURRAY HOMES