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312 W J J Dr
Greensboro, NC 27406 Outer Pleasant Garden

Price Upon Request

Hotel For Sale  •  37,482 SF

Property Details

  • Property Type Hotel
  • Total Building Size 37,482 SF
  • Lot Size 3.01 AC
  • Building Class C
  • Year Built 1972
  • Tenancy Single
  • Zoning LI
30 Transit Score
40 Walk Score

Highlights

312 J J Drive is home to the Cavalier Inn and the Greensboro Arcadia Inn, two 52-key motels with an office with manager's quarters on-site.
Easily accessible off Interstate 40, and the prominent pylon signage is highly visible and presents additional rental revenue streams.
There is additional room for expansion via the fourth building on-site being able to accommodate 52 additional rooms.
312 J J Drive presents a great hospitality starter opportunity, and seller financing is available.

Financial Summary (Actual)

Net Operating Income: $356,593 USD (2023)
Total Expenses: $390,684 USD

Amenities

  • High Speed Internet Access
  • Public Access Wifi

Public Transportation

Commuter RailDriveWalkDistance
Greensboro Station (Piedmont - North Carolina by Train (NC Train)) 6 min - 3.3 mi
AirportDriveWalkDistance
Piedmont Triad International 21 min - 11.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 172
Type: Surface
Included in Rent: Yes