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Hotel For Sale • 47,125 SF
| Property tours are by APPOINTMENT ONLY. Any attempts to visit/contact property without agent approval will result in a ban from all future listings |
| Fee Simple Interest in the 77-Unit, 4-Story, Limited-Service Country Inn & Suites by Choice Hotels Built in 2016 |
| Newest Hotel in the Competitive Set Offered with Minimal Property Improvement Plan to a New Owner |
| Assumable Non-Recourse CMBS Debt In-Place with 5.6% Interest, Expiring in March of 2029 |
| Underperforming Asset with a 97% RevPAR Penetration Index, Despite Being 10 Years Newer than the STR-Defined Competitive Set Hotels |
| Absentee, Out-of-State Ownership Profile Creates Opportunity for New Ownership to Drastically Improve Revenue and NOI |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 8 min | - | 4.0 mi | |
| Airport | Drive | Walk | Distance |
| Raleigh-Durham International | 61 min | - | 47.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 109 |
| Type: | Surface |
| Included in Rent: | Yes |
