1726 White Lake Drive, White Lake, NC 28337

Date Listed: 02/27/23

Price Reduced 09/07/23
Updated: 05/20/24
$ 1,600,000
CLASS: Hotel-Motel Commercial
NEIGHBORHOOD: WHITE LAKE
MLS# 699249
PROPERTY SIZE (SQ. FT.): 9,001-10,000
COUNTY: Bladen
YEAR BUILT: 1956
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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.

Details

Location
  • Sub Division Name: WHITE LAKE
  • City: White Lake
  • County Or Parish: Bladen
  • State Or Province: NC
  • Postal Code: 28337
Basic
  • lmlsid: 699249
  • List Price: $1,600,000
  • Property Type: Commercial
  • Property Sub Type: Hotel-Motel
  • Year Built: 1956
  • Current Use: Mixed Use
Interior
  • Living Area Range: 9001-10,000
  • Heating: Central Gas A/C, Heat Pump, Window Unit
Exterior
  • Construction Materials: Aluminum Siding, Brick Veneer, Cedar Siding, Hardboard/Masonite, Log, Other, Vinyl Siding, Wood Frame
  • Other Equipment: Pole Sign
Building
  • Building Area Total: 9368.00
Parking
  • Parking Features: Off Street Parking, Parking Lot Unpaved
Land
  • Accessible Trans: City Maintained Road, State Maintained Road
  • Topography: Cleared, Level
  • Lot Size Acres Range: .76-1.0 Acre
  • Lot Size Area: 0.0000
  • Zoning: C1 - Local Business District
Utilities
  • Electric Source: Duke Progress Energy
  • Gas: Propane
  • Sewer: City
  • Water Source: City
Transaction
  • Buyer Financing: All New Loans Considered, Cash, Owner Financing Considered
  • Transaction Type: Sale
Source of information: Fayetteville NC MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data for this listing last updated: May 20, 2024, 5:51 a.m.

SOLD INFORMATION

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