Based in Surf City, North Carolina, Carolina Retreats recently announced its acquisition of the Island Resort and Inn located on Oak Island, along with a rebrand of the hotel to The Beach House at Oak Island
Founded and operated by vacation rental industry leader and former VRMA president, Mike Harrington, Carolina Retreats is rapidly growing and now includes the full-service management of 300+ vacation homes, Topsail Realty by Carolina Retreats, the Loggerhead Inn, and the Island Resort and Inn.
The Island Resort and Inn, originally constructed in the 1960s, and then added on to in the early 80s, consists of 22 total rental units. With direct ocean views from each room, the Island Resort and Inn features ten units that are double occupancy motel style rooms, perfect for a couple looking to getaway for a weekend; and twelve that are one- and two-bedroom apartment-style units featuring mini kitchens, separate bedrooms, and large living spaces.
Guests can currently enjoy an onsite swimming pool with convenient beach access and walking distance to the oceanfront Lazy Turtle Bar & Grill and the Oak Island Pier.
“I am extremely excited for the opportunity take the Island Resort and Inn into the future as its next owner”, stated Mike Harrington, CEO & Owner of Carolina Retreats.
“When we stumbled upon the Island Resort and discovered it was for sale, I immediately fell in love with the property. From the location, the guest room layout, and the history, it checked all the boxes of not only a successful business opportunity, but the potential to leave a legacy and turn it back into a prized asset for the community of Oak island. We’ll be planning a phased renovation of the entire property as soon as the season ends, making improvements over time and as needed”, Harrington added.
About Carolina Retreats
Carolina Retreats is a specialty lodging, vacation rental management, and real estate consulting company headquartered in Surf City, NC. Through our local brands and affiliates, we provide unrivaled property management and hospitality services to over 300 property owners by utilizing high-tech tools, modern online marketing, and an unparalleled team. Our singular focus is on creating unforgettable, authentic experiences for our valued guests, and protecting our owner client’s hard-earned assets while maximizing their income and occupancy potential.