Property consists of 36 hotel rooms, an event building that is currently leased for $7500/month, and an additional vacant lot with an active development order for 39 additional hotel rooms. All rooms have been rented as non-smoking and not pet friendly. Parking areas and storm water retention have been completed for the existing buildings. All buildings and grounds are well maintained and are in great condition. Property is located less than a mile from public beach access at Topsail Hill State Preserve Park and less than 5-minutes to retail, entertainment, and restaurants. A two story office on site that is currently being used as a check in office for the hotel can be purchased separately. ** Seller may carry with substantial down payment. **