Press Releases

Historic Beaufort Inn Sold by NAI Carolantic Brokers

RALEIGH, NC – June 9, 2016 – NAI Carolantic Brokers Jimmy Barnes, SIOR, and Whit Brown recently handled the sale of the historic Beaufort Inn. The 18,000+ square foot Inn, located in Beaufort, North Carolina, has 40 rooms, a spa, and 12 boat slips. The Inn was owned, developed and operated by Bruce and Katie Etheridge for almost 30 years. “We were glad to have had an opportunity to represent the Ethridges. The Inn has been their love and focus for a very long time. We wish them the very best,” said Brown.

Beaufort Resorts LLC, led by Todd Saieed, and partner Ven Poole of Dewitt Carolinas, purchased the Inn. They are also owners of North River Golf and Country Club. “The Inn will be very convenient for our North River guests as well as vacationers and longtime clients and friends of the Ethridges,” said Saieed. Poole and Saieed will continue to operate the property as “The Beaufort Inn” while making necessary improvements to help modernize the property. Dewitt has 25 years of experience in building large scale residential and commercial properties through the Carolinas. Saieed and Poole were represented by Tommy Saieed of Property Resources.

Beaufort, located on the Southern Outer Banks, was voted one of “America’s Coolest Small Towns” by Budget Travel magazine and is only 150 miles from Raleigh. “It is a beautiful Inn and a great investment for Dewitt,” said Jimmy Barnes, SIOR, President of NAI Carolantic.
About NAI Carolantic

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NAI Carolantic is the area’s leading commercial real estate firm with nineteen brokers, a full-service property management division, as well as an experienced marketing and research division. Established in 1972, NAI Carolantic is a member firm of NAI Global, the world’s premier network of commercial real estate firms and one of the largest real estate service providers worldwide. NAI has over 6,700 real estate professionals in over 375 offices around the world with regional management, global infrastructure, best practices and technology to provide clients with consistent, quality results.