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1901 Broadcast St
Gastonia, NC 28052

Price Upon Request

Hotel For Sale  •  23,031 SF

Property Details

  • Property Type Hotel
  • Total Building Size 23,031 SF
  • Lot Size 1.23 AC
  • Building Class C
  • Year Built 1999
  • Tenancy Multiple
  • Zoning C-3
0 Transit Score
30 Walk Score

Description

The property has demonstrated strong in-place cash flow supported by a lean operating model, making it an attractive yield-oriented investment. Its moderate key count strikes a balance between scale and manageability, appealing to hands-on owner-operators seeking operational control and margin optimization. 

Strategically positioned just west of Charlotte, the hotel benefits from proximity to one of the Southeast’s fastest-growing metro areas, while maintaining a lower cost basis relative to core urban assets. The surrounding corridor captures steady transient demand driven by highway traffic, regional commerce, and nearby retail amenities, providing a reliable base of occupancy throughout the year.

The interior corridor construction enhances long-term durability, safety perception, and brand optionality, offering investors and owners flexibility to maintain the existing flag or explore repositioning strategies to further drive revenue.

Overall, the asset represents a stable, cash-flowing investment sub $5M purchase price with operational upside potential in a high-growth regional market, supported by strong accessibility, favorable economics, and continued demand drivers within the Charlotte MSA.

Highlights

Minimal Expenses and Proven Cash Flow: Consistent performance with low operating costs supports strong NOI and reliable income for buyers.
Brand Flexibility: Continue as Motel 6 or rebrand, as interior corridor layout supports multiple brand options and repositioning strategies.
Ideal Owner-Operator: Manageable size and efficient operations allow hands-on control, reducing costs and improving overall profitability.
Proximity to Charlotte: Located 17.4 miles from CLT Airport and 24 miles from Uptown Charlotte, supporting business and leisure demand.
High Traffic Corridor: Positioned at I-85 and US 321 with strong connectivity to major regional cities and travel routes across the Southeast.
Retail Synergy: Nearby high-traffic retail and dining options include QuikTrip, Zaxby’s, Wendy’s, Hardee’s, Taco Bell, and FedEx services.

Amenities

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

Public Transportation

Commuter RailDriveWalkDistance
7 min - 3.3 mi
AirportDriveWalkDistance
Charlotte/Douglas International 32 min - 18.4 mi
Concord-Padgett Regional 46 min - 34.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 65
Type: Surface
Included in Rent: Yes
Katherine Connolly 334-313-6014 Connolly Investments
Katherine Connolly 334-313-6014 Connolly Investments