Best Western Plus

Price: $3,450,000

Location: North Carolina

Units: 65

Property Overview: 

This 65-unit limited service Best Wester Plus is located just off a major Highway in Eastern North Carolina, within close proximity to leisure, military, and educational demand generators.

The facility, built in 2000, consists of 65 guestrooms in (1) three-story building which underwent an extensive renovation and was repositioned and rebranded as a Best Western Plus in 2013.  The property also includes a spacious lobby, business center, fitness center, breakfast room, and outdoor swimming pool, all of which is situated on +/- 2.196 acres of land.

Physical Features: 

  1. Built in 2000
  2. +/- 2.196 acres of Land
  3. Interior Corridor Design
  4. Three-Story Building
  5. Outdoor Swimming Pool
  6. Elevator

Investment Considerations:

  1. Priced below replacement cost at +/- $53,000 per unit
  2. The property should convey with a minimal (PIP) from Franchisor
  3. Hotel is unencumbered by management
  4. The property underwent an extensive renovation, and was repositioned and rebranded as a Best Western Plus in 2013
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