Price Reduced! - NAI Carolantic

Beaufort Inn
101 Ann Street
Beaufort, NC 28516
Price ced!
Redu
Whit Brown
NAI Carolantic Realty, Inc.
Jimmy Barnes, SIOR
NAI Carolantic Realty, Inc.
tel
+1 919 714 7135
cell +1 919 332 3887
[email protected]
tel
+1 919 714 7133
cell +1 919 210 5471
[email protected]
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Table of
Contents
01
Disclaimer
02
Property Overview
03
Beaufort Overview
04
NAI Carolantic Realty
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Section 01
Disclaimer
NAI Carolantic Realty, Inc., (“Broker”) has
been retained by the Seller in Beaufort, NC
(“Property”) as the exclusive broker for this
Investment opportunity.
This Offering Memorandum has been
prepared by Broker for use by the principal
(“Principal”) to whom Broker has provided
this Offering Memorandum. The use
of this Offering Memorandum and the
information provided herein is subject to
the terms, provisions and limitations of the
Confidentiality Agreement furnished by Broker
and executed by Principal prior to delivery
of this Offering Memorandum. Although
the information contained herein is based
upon sources believed to be reasonably
reliable, Owner and Broker, on their own
behalf, and on behalf of their respective
officers, employees, shareholders, partners,
directors, members and affiliates, disclaim
any responsibility or liability for inaccuracies,
representations and warranties (expressed
or implied) contained in, or omitted from,
the Offering Memorandum or any other
written or oral communication or information
transmitted or made available to the recipient
of this Offering Memorandum. In amplification
of and without limiting the foregoing,
summaries contained herein of any legal
or other documents are not intended to be
comprehensive statements of the terms of
such documents but rather only outlines of
some of the principal provisions contained
therein, and no representations or warranties
are made as to the completeness and/or
accuracy of the projections contained herein.
Prospective purchasers of the Property
should make their own investigations and
conclusions without reliance upon this
Offering Memorandum, the information
contained herein or any other written or oral
communication or information transmitted
or made available. Additional information
and an opportunity to inspect the Property
will be made available upon written request
by interested and qualified prospective
purchasers.
Owner expressly reserves the right,
exercisable in Owner’s sole and absolute
discretion, to withdraw the Property from
being marketed for sale at any time and
for any reason. Owner and Broker each
expressly reserves the right, exercisable in
their sole and absolute discretion, to reject
any and all expressions of interest or offers
regarding the Property and/or to terminate
discussions with any entity at any time with
or without notice. Broker is not authorized
to make any representations or agreements
on behalf of Owner. Owner shall not have
any legal commitment or obligation to any
entity reviewing this Offering Memorandum
or making an offer to purchase the Property
unless and until a written agreement for the
purchase and sale of the Property has been
fully executed, delivered and approved by
Owner and the other party thereto and any
conditions to Owner’s obligations hereunder
have been satisfied or waived. If you have no
interest in the Property at this time, return
this Offering Memorandum immediately to:
NAI Carolantic Realty, Inc.
5121 Kingdom Way, Suite 200
Raleigh, NC, NC
tel
+1 919 832 0594
fax
+1 919 832 7385
www.naicarolantic.com
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Section 02
Property
e
c
!
Overview
Pri duced
Re
Property Overview
Purchase Price
Investment Highlights
$4,900,000 $4,750,000
•
40 room inn with regular rooms and suites
Financials available upon request with
•
Two meeting rooms
•
Exercise room
•
Outdoor hot tub
for sale to qualified investors a fully operational
•
Bike and boat dock rentals
Inn located in Beaufort, North Carolina. This
•
8 boat slips owned by the Inn with the ability
completion of confidentiality agreement.
NAI Carolantic Realty, Inc. is pleased to offer
community has been named one of North
to lease four more and extra parking from
Carolina’s oldest towns. The 40-room Beaufort
the town
Inn is located on Gallants Channel and
has excellent access to Beaufort Inlet and
the Crystal Coast. The Inn offers a unique
opportunity for a new owner to continue the
proud tradition.
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Property
Summary
The owner has spared no expense in keeping
Property Details
the Inn in excellent condition. Some visitors
•
18,127 square feet
•
0.63 acre, with the ability to lease excess
have been returning to the inn since it was
opened 27 years ago. They take pride in
keeping the rooms clean and in good shape.
The Inn is decorated very nicely with all high
end furniture. Rates range from $100-$330/
parking and boat slips from the town
•
Zoned BW (Business Water Front)—
goverend by the Historical Society
night depending on time of year and room
setup/size.
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Property
Photos
6
Room
Floor Plans
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Section 03
Area
Information
#1
America’s Favorite Towns
(Beaufort, NC)
Travel & Leisure Magazine | October 2014
Beaufort
Beaufort has consistently been a favorite vacation
spot for residents and non-residents from around the
Eastern US. Known as a prominent fishing village
for many years, Beaufort has also been known as a
former pirate town after “Black Beard” used Beaufort
as a place to moor his boat while on his voyages.
The streets are lined with trees and historic homes
dating back to the 1700s.
Situated in the heart of the town’s historic district, the
two-acre Beaufort “Historic Site” encompasses six
authentically restored buildings, including the Mattie
King Davis Art Gallery, as well as the Old Burying
Grounds. The historic site serves as a testament
to the Beaufort Historical Association’s dedication
to the continued research and documentation of
the peoples, customs, lifestyles, and artifacts of
Beaufort’s past, and its efforts to preserve the town’s
historic identity in the future.
Located just 75 miles from the Outer Banks via ferry,
150 miles from Raleigh/Durham, and just 40 miles
from New Bern, Beaufort is easily accessible via
Highway 70 east and highway 101. The Beaufort
drawbridge will be replaced with a new high span
bridge and will be removed upon completion of the
new bridge. This will give the Beaufort Inn a clear
view to the North and South.
With a population of 68,434 full time residents
Carteret County is lively all year around. In the
summer time the population significantly increases
with visitors and vacation home owners. With the
81 miles of sandy beaches, excellent diving, bird
watching, boating, and fishing there is always
something to do!
For more information regarding Beaufort and the
Crystal Coast please visit:
www.crystalcoastnc.org
www.tourbeaufort.com
www.beaufort-inn.com
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Aerial
Map
9
Regional
Roads
Source: Carteret County Economic Development
10
Local
Map
Source: Carteret County Economic Development
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Historic District
Beaufort
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Location
Map
40
85
GREENSBORO
85
301
DURHAM
40
1
17
ROCKY MT.
RALEIGH
85
421
1
73
401
95
40
64
64
264
301
264
17
ASHEBORO
70
42
NEW BERN
FAYETTEVILLE
1
401
74
74
1
24
95
MOREHEAD CITY
TY BEAUFORT
40
70
701
JACKSONVILLE
401
17
LUMBERTON
95
74
9
20
WILMINGTON
FLORENCE
701
301
51
95
17
ATLANT
NT
TIC
T
IC
C
ATLANTIC
OCEAN
52
COUTH
CAROLINA
17
521
MYRTLE BEACH
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Section 04
Company
Profile
About NAI Carolantic Realty
Founded in Raleigh in 1972,
NAI Carolantic Realty is the
Raleigh/Research Triangle
area’s leading commercial
property brokerage
company. Currently, NAI
Carolantic is responsible
for the sale and leasing of
approximately 14 million
square feet of office,
industrial, flex and retail
space in the Triangle area.
NAI Carolantic’s large and
varied inventory of land for
sale presently exceeds 6,000
acres.
Value
the prestigious SIOR and/or CCIM designations.
The expertise gained over four decades in Raleigh
At NAI Carolantic, we understand that our success
and the Triangle provides a uniquely valuable
is the direct result of creating successful outcomes
asset for our clients.
for our clients. We create value for our clients
through unparalleled market knowledge, financial
analysis and negotiating skills. We also have
Services
extensive experience working with local and state
NAI Carolantic delivers world-class, results-
municipalities, economic development agencies,
oriented, office, flex, industrial, retail, land and
architectural and construction firms, consultants
investment brokerage with comprehensive
and financial institutions. The local expertise
property management services including:
and commitment of NAI Carolantic is bolstered
•
•
•
•
•
•
•
•
•
•
•
by our status as the Triangle and Eastern North
Carolina’s exclusive member of NAI Global, the
largest network of real estate brokerage firms in
the world.
Talent
NAI Carolantic attracts the most talented
individuals in our industry, then provides them
with the best resources and systems available to
create the most value for our clients. The firm’s
professionals have achieved distinction and
recognition by successfully concluding complex
Acquisitions & Dispositions
Landlord Representation
Tenant Representation
Property Management
Sale/Leaseback
Build-To-Suit
Site Selection
Due Diligence
Multifamily
Market Research
Consulting & Strategic
Planning
• Receivership & REO
Disposition
and prominent transactions, and through their
active involvement in trade organizations and
community projects. The most experienced of our
leasing and sales professionals have over 20 years
of experience in the local market and many hold
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Company
Profile
About NAI Carolantic Realty
Affiliations
Success
Our affiliations with NAI Global,
Over the last 40+ years, NAI
Society of Industrial & Office
Carolantic’s success can be
Realtors (SIOR), Certified
attributed to:
Commercial Investment Members
(CCIM), Hart Group International,
and CREW (Commercial Real
Estate Women) Network enables
us to extend our services
to companies and investors
throughout the nation as well as
internationally. This team power
and direct contact with various
markets assist in quicker, more
• Delivery of quality service for
clients
• Extensive community and civic
involvement
• Unmatched networking with
national and global real estate
contacts, and
• Unwavering standards of
integrity, market knowledge, and
hard work.
Your Number
One Choice
NAI Carolantic’s active, longstanding presence in the Triangle,
our commitment to quality client
services, and our knowledge
and professional experience with
property make NAI Carolantic
Realty, Inc. the number one choice
for the marketing, leasing and sale
of commercial properties.
efficient acquisition and disposition
of real estate.
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NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS
SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL
WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE
CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED.
5121 Kingdom Way, Suite 200
Raleigh, NC 27607
+1 919 832 0594
naicarolantic.com
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