Ad #7391386
MLS #100559721
Turnkey Investment Opportunity in the Heart of Carolina Beach
213 Raleigh Ave, Carolina Beach, NC 28428
$5,500,000
--Beds
--Baths
6,224Sqft
0.34Acres
About this property
Turnkey Investment Opportunity in the Heart of Carolina Beach. Rare opportunity to acquire the Carolina Beach Motel, a fully renovated 21-unit motel located less than 1,500 feet from the beach and within walking distance to restaurants, shops, and the CB Boardwalk. Listed $520,000 under appraised value, the property sits on three 50x100 lots and operates as a pet-friendly, self-check-in motel with no on-site front office, allowing for efficient management and reduced overhead. The property is being sold fully furnished and includes all operational assets and the established business. The motel features 21 units with private bathrooms, including efficiency rooms, double queen rooms, two-bedroom suites, and multiple suites with dining tables and pull-out couches, accommodating a range of guest types. All units are equipped with smart TVs, microwaves, mini or mid-size refrigerators, and Keurig coffee makers. The property underwent an extensive renovation beginning in 2022 across all three buildings, including new insulation, drywall, replacement of most sub-joists, new subfloors, LVP flooring, updated plumbing and electrical systems including fixtures, tile bathrooms with new vanities, toilets, and walk-in showers, four water heaters, and mini-split HVAC systems in every room. Additional improvements include a high-tech hardwired and monitored fire alarm system, a security camera system, new wood railings and privacy walls, and landscaping throughout the property. Each unit has an on-site, designated parking space on a partially paved lot, with the remaining portion recently graveled in place of an outdated pool to provide sufficient guest parking. Operational infrastructure includes a housekeeping supply room with a new mop and hand sink, as well as a designated laundry area in the main building with washer and dryer hookups ready for installation. The motel reopened last year and currently operates across , Expedia,, and a direct booking website, utilizing smart locks and remote guest communication. Existing management is willing to remain in place for one year to handle reservations, guest communication, housekeeping, maintenance, and daily operations, providing a smooth transition for new ownership. Visit the Carolina Beach Motel's website to explore the property, room types, and additional photos, then schedule a private showing to experience it in person.
Property Features
0 Beds
0 Baths
6,224 Sqft
Built in 1955
0.34 Acres
Off Street
Siding: Stucco, Wood Frame
Composition, Shingle Roof
Electric (Heating)
New Hanover County
Heart of Caroli Beach Community
Additional Photos
Contact Information
Reidi Troy
Prosper Real Estate
843-860-0012
Location
Listing Agent: Reidi Troy (License #: 349786) 843-860-0012
Broker: Prosper Real Estate 910-352-7957 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Prosper Real Estate 910-352-7957 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$5,500,000
--
Beds
--
Baths
6,224
Sqft
213 Raleigh Ave, Carolina Beach, NC 28428
By contacting this agent you agree to these Terms and Conditions.
MLS# 100559721
Turnkey Investment Opportunity in the Heart of Carolina Beach
$5,500,000
213 Raleigh Ave, Carolina Beach, NC 28428
--
Beds
--
Baths
6,224
Sqft
0.34
Acres
$5,500,000
213 Raleigh Ave, Carolina Beach, NC 28428
-- Beds
-- Baths
6,224 Sqft
0.34 Acres
Turnkey Investment Opportunity in the Heart of Carolina Beach. Rare opportunity to acquire the Carolina Beach Motel, a fully renovated 21-unit motel located less than 1,500 feet from the beach and within walking distance to restaurants, shops, and the CB Boardwalk. Listed $520,000 under appraised value, the property sits on three 50x100 lots and operates as a pet-friendly, self-check-in motel with no on-site front office, allowing for efficient management and reduced overhead. The property is being sold fully furnished and includes all operational assets and the established business. The motel features 21 units with private bathrooms, including efficiency rooms, double queen rooms, two-bedroom suites, and multiple suites with dining tables and pull-out couches, accommodating a range of guest types. All units are equipped with smart TVs, microwaves, mini or mid-size refrigerators, and Keurig coffee makers. The property underwent an extensive renovation beginning in 2022 across all three buildings, including new insulation, drywall, replacement of most sub-joists, new subfloors, LVP flooring, updated plumbing and electrical systems including fixtures, tile bathrooms with new vanities, toilets, and walk-in showers, four water heaters, and mini-split HVAC systems in every room. Additional improvements include a high-tech hardwired and monitored fire alarm system, a security camera system, new wood railings and privacy walls, and landscaping throughout the property. Each unit has an on-site, designated parking space on a partially paved lot, with the remaining portion recently graveled in place of an outdated pool to provide sufficient guest parking. Operational infrastructure includes a housekeeping supply room with a new mop and hand sink, as well as a designated laundry area in the main building with washer and dryer hookups ready for installation. The motel reopened last year and currently operates across , Expedia,, and a direct booking website, utilizing smart locks and remote guest communication. Existing management is willing to remain in place for one year to handle reservations, guest communication, housekeeping, maintenance, and daily operations, providing a smooth transition for new ownership. Visit the Carolina Beach Motel's website to explore the property, room types, and additional photos, then schedule a private showing to experience it in person.
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Property Details
HOME DETAILS
0 Beds
0 Baths
6,224 Sqft
Built in 1955
0.34 Acres
EXTERIOR
Off Street
Siding: Stucco, Wood Frame
Composition, Shingle Roof
INTERIOR
Electric (Heating)
FINANCIAL & COMMUNITY
New Hanover County
Heart of Caroli Beach Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7391386
Viewed
295 times
Listing Status
Active
Added
Mar 12, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Hive MLS
Source Property ID
100559721
Listing Agent: Reidi Troy (License #: 349786) 843-860-0012
Broker: Prosper Real Estate 910-352-7957 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Prosper Real Estate 910-352-7957 Listing Site
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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