Real Estate Auctioneers - United Country | The Redfield Group
 
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ABSOLUTE AUCTION
ISLAND INN

This 38 Unit Condo Hotel (Condotel) in Atlantic Beach, NC features a pool, courtyard, onsite rental office and convenient location just a short walk to the beach, surfboard shops, beachwear stores and food establishments.

Island Inn fronts on W. Fort Macon Rd. (Hwy. 58) Atlantic Beach’s main thoroughfare, just one block from the causeway connecting the mainland to the “Crystal Coast”. The exceptional location and high visibility contribute to Island Inn’s excellent income potential.


ATLANTIC BEACH, NORTH CAROLINA - SATURDAY, MARCH 20

All Island Inn suites feature granite countertops, tile floors and designer tropical décor. Each suite has a full bath with top of the line Kohler fixtures. All condos include refrigerator, microwave, (some have full size range) TV and furniture consistent with the design theme. Sizes range from 200± to 860± square feet.

• Onsite rental office with lobby, reception area and back office as well as a large laundry/maintenance room.

• Large outdoor pool with pool furniture and tropical landscaping.

• Paved parking lot, grass lawn area and barbecue grills.

• VRM (Virtual Resort Manager) rental and bookkeeping system which is internet accessible by each owner to track rental activity and income on their unit.

• Just a few blocks from the Atlantic Ocean, the famous Atlantic Beach Circle, Bogue Sound (Intracoastal Waterway), fishing piers, marina facilities, fishing charters, fine dining, and nightlife.

• A short drive to major tourist attractions, including Fort Macon Park and Beach, NC Aquarium at Pine Knoll Shores, The History Place, NC Maritime Museum, and the historic Beaufort waterfront

AUCTION TIME - 4:00 P.M.
REGISTRATION TIME - 3:00 P.M.



ADDITIONAL INFORMATION

Free Brochure

Auction Information Package

Broker Participation

Condo Docs

Island Inn Rental Website

Pre-Registration:
Coming soon.

License Number: NCAL 8043


AUCTION TERMS

AUCTION INFORMATION: For more information, call (866) 673-9270 or (256) 413-0555.

AUCTION LOCATION: Sheriton Atlantic Beach Oceanfront Hotel

AUCTION REGISTRATION: To bid at the auction, you must first register and receive a bid number. A bid deposit of $2,500 will be required at registration and will be refunded at the close of the auction, or applied to the earnest money deposit, as appropriate. The bid deposit may be in the form of a certified check made payable to the bidder, or a personal or company check with a bank letter of guarantee.

PROPERTY DIRECTIONS: From US Hwy 70 in Morehead City, follow the signs at 24th street to the Atlantic Beach Bridge. Cross bridge and go to the first traffic light. Turn right on W. Fort Macon Drive (NC 58). Go 1 ½ block to Atlantic Inn on left. Address: 215 West Fort Macon Road, Atlantic Beach, NC.

PROPERTY INSPECTION: The property is available for viewing from March 13 through Auction Day, 10:00 AM until 5:00 PM daily.

TERMS: A ten percent (10 %) down payment will be due immediately upon being declared the Buyer of the real estate. The certified fund amount of $2,500 will be credited toward the down payment. The balance of the purchase amount will be due at closing within 30 days.

AUCTION FEE: A buyer’s premium of 10% will be added to the successful high bid price to arrive at the total contract price paid by the purchaser.

BROKER PARTICIPATION: The Redfield Group encourages buyer broker participation and will pay a fee to the purchaser’s realtor/broker subject to certain guidelines. Call 866-673-9270 for details.

Real Estate Auctioneers - United Country | The Redfield Group

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