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5611 E Oak Island Drive

  • Unit:
  • Location: Oak Island
  • Address: 5611 E Oak Island Drive
  • City / Zip:Oak Island, NC 28465
  • Sq. Footage:8589
  • Listing Agent Name:Christopher Kuhn
  • Price:$1049000

Description

Right in the heart of Oak Island's established coastal business district on 11 lots sits this actively popular turnkey motel featuring 17 well-equipped guest rooms plus 2 fully furnished, spacious 2-bedroom apartments which include private kitchen, bath, laundry and heat/air. Recently managed as a motel and a long-term/short term rental property, Oak Island Extended Stay has acquired a strong and consistent income from beach vacationers and numerous fluctuating term renters year-round. On-site outdoor swimming pool for guests and tenants in the summer months as well as laundry facilities. Only two blocks to the ocean and just a few steps to shopping and restaurants. An excellent market presence and sound investment opportunity!

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5611 E Oak Island Drive, Oak Island, NC 28465

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